Italian competition watchdog fines Apple, Amazon $225M

Italy fines Apple and Amazon over Beats headphones

Italy's competition authority fines the tech giants €200m over an exclusivity agreement.

Italy hits Amazon, Apple with R3.5-billion antitrust fine

Italy's competition watchdog imposed fines totalling over 200 million euros ($225 million) on Amazon and Apple Tuesday in the latest action taken against US tech giants in Europe over their business practices.

Italian antitrust watchdog fines Apple, Amazon more than $225M

It accuses Apple and Amazon of cooperating to restrict competition in the sale of Apple and Beats branded products.

Apple, Amazon fined $225M by Italian antitrust regulator

Apple and Amazon were fined $225 million by an Italian antitrust watchdog over allegations that the tech giants violated European antitrust rules when they made a restrictive agreement that did not allow a

Amazon, Apple, Fined $225 Million Over Antitrust Allegations In Italy

Big tech giants Amazon Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL) were fined $225 million for establishing a “restrictive agreement” to prevent Apple products distributors in Italy from operating on the...

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 tha…