Amazon and Apple have been fined $225 million in the latest antitrust case

Apple has been dealing with antitrust lawsuits for a while now, and the latest is from Italy’s antitrust authority. The watchdog has fined Amazon and Apple $225 million for kicking out select Apple product resellers from Amazon’s platform. The agreement between the two tech giants goes back to 2018. It has forced certain retailers to stop using to sell Apple and Beats devices. The watchdog stated that this is a violation of the European Union rules that’s affecting the pricing competition.
According to Reuters, the Italian authority has fined Amazon and Apple 68.7 million and 134.5 million euros respectively. The authority has also ordered the two giants to end this restriction and allow genuine Apple product retailers to sell on Amazon. Apple has argued by stating:
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 …

Written By: Mahmoud Itani

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