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Italy fines Amazon $1.3 billion for abusing its market position
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Italy’s competition authority announced that it had fined Amazon €1.129 billion, or roughly $1.3 billion at today’s exchange rate. According to the antitrust watchdog, Amazon has abused its dominant market position and pushed third-party sellers to use the company’s logistics service Fulfillment by Amazon (FBA). The Italian authority, the Autorità Garante della Concorrenza e del […]
Topics: sellers, gmbh, amazon, techcrunch, position, billion, buy, box, italy, abusing, amazons, woltu, market, fines, service, thirdparty, fba.