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Italy’s antitrust fines Amazon 1.13 billion euros for alleged abuse of market dominance -Breaking

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© Reuters. FILE PHOTO: The brand of Amazon is seen on the firm logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photograph

MILAN (Reuters) – Italy’s antitrust has fined Amazon (NASDAQ:) 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, the regulator stated on Thursday.

In a press release the watchdog stated Amazon had harmed competing operators within the e-commerce logistics service.

Amazon had no fast remark.

($1 = 0.8832 euros)

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