Spain fines Apple and Amazon £166m for elbowing out small retailers
Amazon and Apple have been fined a total of 194 million euros (£166.8 million) for colluding to box out competitors by favouring sales of Apple products directly from the online retail giant, Spain’s antitrust watchdog said.
Amazon and Apple reached agreements in 2018 that limited the free competition of third-party sellers who hawk Apple goods through Amazon’s platform for smaller retailers, according to Spain’s National Markets and Competition Commission, which oversees Spanish markets for antitrust violations.
