How Italian court reverses 173.3 million euros antitrust fines against Apple and Amazon


According to the "Wall Street Journal" reported on October 4, an Italian court reversed the 173.3 million euros of antitrust fines issued by the country's competition watchdog against Apple and Amazon, saying the regulator did not give the two technology giants enough. Time to prepare for the defense.


  In November, the Italian Competition Authority (AGCM) fined Apple and Amazon more than $225 million for conspiring to exclude legitimate resellers of Apple and Beats products from Amazon's Italian marketplace. outside. Beats, an audio brand acquired by Apple in 2014, makes consumer headphones, earbuds and speakers.


  The AGCM subsequently reduced the fine to 173.3 million euros due to a miscalculation. The regulator said at the time that the fine stemmed from a 2018 agreement between Apple and Amazon that allowed the two companies to choose which resellers of Apple and Beats products could sell on, and barred them from Other resellers sell these products.


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