Amazon and Apple hit with $218 million fine for antitrust violations in Spain

  • The Spanish antitrust regulator (CNMC) fines Amazon and Apple for allegedly restricting the number of Apple product sellers on Amazon’s site.
  • Both firms are accused of creating anti-competitive conditions, leading to higher online prices for Apple devices in Spain.
  • Amazon and Apple deny the allegations, maintaining their deal was to curb counterfeit sales, and plan to appeal the decision.
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