An Australian consumer watchdog wants tech giant Apple to pay 2.25 million dollars in penalties for misleading people by advertising the new iPad as a 4G-capable device.
The fine follows a legal case brought by the Australian Consumer and Competition Commission (ACCC) last year after Apple claimed in its marketing that the New iPad was 4G capable, when it was only compatible with spectrums that were not available in Australia.
According to News.com.au, Apple and ACCC proposed the settlement agreement today, which a judge will pass final ruling on next week.
On top of the 2.25 million dollars, Apple will also have to pay 300,000 dollars to cover the ACCC's legal costs, the report said.
Meanwhile, various tests showed that the new iPad works on 700MHz and 2100MHz bands, neither of which are available in Australia.
Optus, an Australian tech firm, successfully tested 4G on the 700Mhz spectrum, which the Federal Government is due to auction off at the end of the year, but claimed it would not have access to it until 2015. (ANI)