Italian antitrust regulator slaps $12 million fines on Apple for misleading commercial practices

Italy's antitrust authority said on Monday it had fined Apple 10 million euros ($12 million) for "aggressive and misleading" commercial practices regarding its iPhones.

The regulator said in a statement the company advertised that several iPhone models were water-resistant without clarifying they were only so under certain circumstances.

It added that the company's disclaimer, saying that its phones were not covered by warranty in case of damage from liquids, tricked clients, who were also not provided support when their phones were damaged by water or other liquids.

Apple declined to comment.

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