Published 2 years ago

Italian competition watchdog fines Apple, Amazon $225M

Summary by Reuters

Italy's antitrust authority has fined U.S. tech giants Amazon.com and Apple Inc a total of more than 200 million euros ($225 million) for allegedly engaging in anti-competitive cooperation in the sale of Apple and Beats products. The authority said in a statement on Tuesday "contractual provisions of an agreement entered into on Oct. 31, 2018 barred official and unofficial

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Times of India

Amazon and Apple handed $225 mln in Italian antitrust fines - ET Telecom

Contractual provisions of a 2018 agreement between the companies meant only selected resellers were allowed to sell Apple and Beats products on Amazon..

2 years ago·India

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BBC News

Italy fines Apple and Amazon over Beats headphones

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

2 years ago·United Kingdom

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News18 India

Italy's Antitrust Body Fines Apple and Amazon of Over $225 Million

Both Apple and Amazon said they plan to appeal against the fines. The authority imposed a fine of 68.7 million euros on Amazon and 134.5 million euros on Apple.

2 years ago·India

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The Independent

Italian competition watchdog fines Apple, Amazon $225M

Italy’s antitrust watchdog has fined Apple and Amazon more than 200 million euros, or $225 million, for cooperating to restrict competition in the sale of Apple and Beats branded products

2 years ago·London, United Kingdom

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Reuters

Italy's antitrust fines Amazon, Apple more than 200 mln euros for alleged collusion

MILAN - Italy's antitrust authority has fined U.S. tech giants Amazon.com and Apple Inc a total of more than 200 million euros ($225 million) for allegedly engaging in anti-competitive cooperation in the sale of Apple and Beats products. The authority said in a statement on Tuesday "contractual provisions of an agreement entered into on Oct. 31, 2018 barred official and unofficial

2 years ago·United Kingdom

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NDTV

Amazon, Apple Handed EUR 200 Million Italian Fine for Alleged Collusion

Italy's antitrust authority has fined US tech giants Amazon and Apple a total of more than EUR 200 million (roughly Rs. 1,675 crore) for alleged anti-competitive cooperation in the sale of Apple and...

2 years ago·New Delhi, India

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