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The Independent UK
The Independent UK
National
Via AP news wire

Spain fines Apple and Amazon $218 million for elbowing out small retailers

Apple Amazon Spain
Copyright 2022 The Associated Press. All rights reserved

Amazon and Apple were fined a total of 194 million euros ($218 million) Tuesday for colluding to box out competitors by favoring 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.

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