ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ROYAL MAIL DELAYS : PLEASE BE AWARE THAT THERE IS A BIT OF A BACKLOG IN THE SYSTEM, WE ARE DOING OUR BEST TO DELIVER WHAT WE CAN DAILY BUT UNFORTUNATELY IN SOME AREAS THERE WILL BE DELAYS. PLEASE HAVE SOME PATIENCE AS WE ARE DOING WHAT WE CAN.Postal workers of royalmailchat.co.uk


Italian competition watchdog fines Apple and Amazon GBP170m

Competitors and other mail organisations around the world news and discussion.This is an open forum.
Post Reply
User avatar
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 65036
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: Proud to be part of the Union
Contact:

Italian competition watchdog fines Apple and Amazon GBP170m

Post by TrueBlueTerrier »

https://www.chelmsfordweeklynews.co.uk/ ... azon-170m/

Italy’s competition watchdog has fined Apple and Amazon a total of more than 200 million euros (£170 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union rules.

An investigation found that provisions in a 2018 agreement between the US tech giants limited access to Italy’s Amazon marketplace to selected resellers, the Italian Competition Authority (ICA) said.

The watchdog slapped Apple with a 134.5 million euro (£113 million) fine and Amazon with a 68.7 million euro (£57 million) penalty. It also ordered them to end the restrictions and give resellers access in a “non-discriminatory manner”.

Both Apple and Amazon said they would appeal against the decision.

“The proposed fine is disproportionate and unjustified,” Amazon said. “We reject the ICA’s suggestion that Amazon benefits by excluding sellers from our store, since our business model relies on their success.”

Apple said it respected the Italian Competition Authority “but believe we have done nothing wrong”.

Teaming up with selected resellers helps customer safety because it ensures products are genuine, Apple added.

“Non-genuine products deliver an inferior experience and can often be dangerous,” Apple said. “To ensure our customers purchase genuine products, we work closely with our reseller partners and have dedicated teams of experts around the world who work with law enforcement, customs and merchants to ensure only genuine Apple products are being sold.”
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
I am using an automatic grammar and spelling app, your original post if quoted may be amended by default. No judgement in your use of grammar or spelling is intended or meant.
Any news stories you can't post - PM me with a link
Post Reply