December 09 - 11:12
47D
Amazon fined $1.28bn by Italian authorities
Amazon has been $1.28bn by Italian antitrust regulators for abusing its market dominance, in one of the biggest penalties imposed on a US tech giant in Europe. The e-commerce giant was accused of accessing exclusive benefits, including the Prime label, that help increase visibility and boost sales on Amazon.it. Amazon said it "strongly disagreed" with the decision and that it would appeal.
> Sources
> Tweets