Spain’s antitrust regulator has imposed fines worth a total of €194.1 million ($218 million) on Amazon and Apple for colluding to restrict competition on the Amazon website in Spain.
Apple was fined €143.6 million ($161.4 million) and Amazon €50.5 million ($56.7 million).
“The two companies restricted without justification the number of sellers of Apple products on the Amazon website in Spain,” CNMC said.
More than 90% of the retailers that were using Amazon’s marketplace to sell Apple devices were blocked as a result, it added.
That action initially saw them facing €200 million ($224.8 million) in fines before it was eventually dropped.
Persons:
Apple, ” CNMC, iPhones
Organizations:
Apple, Amazon, Reuters
Locations:
Spain, Italy