On 6 October 2022, the Paris Court of Appeal (CoA) partially overturned the French Competition Authority (FCA)’s record EUR1.2 billion fine on Apple and two of its wholesalers, Ingram Micro and Tech Data, for antitrust infringements involving product and customer allocation, resale price maintenance and the French law concept of abuse of economic dependency. Our alert sets out the details of the CoA’s ruling and its implications for the calculation of fines and the structuring of antitrust-compliant distribution networks.