The European Network on Nostr: Spain's anti-trust watchdog announced on Tuesday that it has fined Amazon and Apple a ...

Spain's anti-trust watchdog announced on Tuesday that it has fined Amazon and Apple a total of €194 million for collusion in the sale of products which "restricted competition", according to a statement by the regulator.

The watchdog found that in 2018 the two US tech giants had agreed to limit the sale of Apple products on Amazon's Spanish websites by third-party resellers, a move which "drastically" reduced competition.

https://www.euronews.com/next/2023/07/18/spains-competition-watchdog-hits-amazon-and-apple-with-a-194-million-euro-fine

#Spain #Apple #Amazon #AntiTrust #Competition