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Spain fines Apple, Amazon 194 million euros

By PTV NEWS AG
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People look at MacBooks laptops during the first Apple Premium Reseller grand opening in Phnom Penh on July 15, 2023 (Photo by TANG CHHIN Sothy / AFP)/ FILE

Agence France-Presse

Spain’s competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with a combined fine of 194 million euros ($218 million) for collusion in the sale of products.

The two firms had colluded to limit the sale of Apple products on Amazon’s Spanish websites “which restricted competition,” the regulator said in a statement.

-ag

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