Italy hits Amazon and Apple with more than $225 million in fines

Italy’s regulatory watchdog hit American tech behemoths Amazon and Apple with fines on Tuesday totaling more than $225 million for alleged anti-competitive cooperation in the sale of Apple products. 

The Italian Competition Authority said Tuesday that its investigation discovered a 2018 agreement between Amazon and Apple that blocked various resellers …

Source: washingtontimes.com

Please follow and like us: