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Amazon fined $1.77 billion in Italy for antitrust violations

December 10, 2021 9:30 AM

NEW YORK (NYTIMES) – Amazon on Thursday (Dec 9) was fined nearly US$1.3 billion (S$1.77 billion) by Italian regulators who accused the company of breaking antitrust laws by giving special perks to third-party merchants who use Amazon’s warehouse and delivery system.

Source : http://www.straitstimes.com/business/companies-markets/amazon-fined-177-billion-in-italy-for-antitrust-violations

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