Tech

Apple and Amazon hit with multi-million dollar anti-competitive behavior fine

Antitrust authorities in Italy have fined Apple and Amazon with combined penalties of more than €200 million for alleged anti-competitive behavior in relation to the sale of the former’s products.

The Italian Competition Authority (ICA) said the two firms colluded so that only selected resellers were allowed to sell Apple products, such as iPhones, iPad, and Apple Watch, and Beats headphones on Amazon’s Italian marketplace. The conclusion was that these practices were against EU competition law.

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