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Amazon and Apple fined $228 million in Italy for unfairly restricting Beats sales
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Amazon and Apple fined $228 million in Italy for unfairly restricting Beats sales
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24th November 2021, 13:01
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,797
 |  Amazon and Apple fined $228 million in Italy for unfairly restricting Beats sales The Italian Competition Authority (AGCM) has fined Apple and Amazon a combined total of €203.2 million (US$228 million) after an antitrust investigation involving the reselling of Beats products. According to the watchdog, the two companies signed an agreement in 2018 that would prohibit both official and unofficial resellers of Apple and Apple-owned Beats products on Amazon's Italian website. That agreement allegedly contained contractual clauses that only allowed Amazon itself and select sellers "chosen individually and in a discriminatory way" to sell those items. https://www.engadget.com/amazon-appl...4.html?src=rss |
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