{"id":378657,"date":"2021-12-09T17:06:51","date_gmt":"2021-12-09T14:06:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/italy-slaps-amazon-with-massive-1-28-billion-antitrust-fine\/"},"modified":"2021-12-09T17:06:51","modified_gmt":"2021-12-09T14:06:51","slug":"italy-slaps-amazon-with-massive-1-28-billion-antitrust-fine","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/italy-slaps-amazon-with-massive-1-28-billion-antitrust-fine\/","title":{"rendered":"#Italy slaps Amazon with massive $1.28 billion antitrust fine"},"content":{"rendered":"<p>&#8220;<strong>#Italy slaps Amazon with massive $1.28 billion antitrust fine<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Italian antitrust regulators on Thursday sl<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed e-commerce giant Amazon with a massive $1.28 billion fine for abusing its market dominance. <\/p>\n<p>The Autorita Garante della Concorrenza e del Mercato, or AGCM,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.agcm.it\/media\/comunicati-stampa\/2021\/12\/A528-chiusura\">said\u00a0<\/a>in a statement that Amazon leveraged its dominant position to illegally harm competitors in the e-commerce logistics space.<\/p>\n<p>The regulators said Amazon illegally tied the use of its own logistics service, called Fulfilment by Amazon, to \u201caccess to a set of exclusive benefits essential for gaining visibility and increase sales\u201d on Amazon\u2019s site in Italy. <\/p>\n<p>Those benefits included access to the site\u2019s Prime label, which makes it easier to sell to Amazon Prime subscribers and participate in Amazon\u2019s special events like Black Friday,\u00a0Cyber Monday and\u00a0Prime Day, AGCM said.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-03.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"The Italian flag flies above Amazon's logistics center in Passo Corese, Italy.\" class=\"wp-image-20426257\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-03.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-03.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-03.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The Italian flag flies above Amazon\u2019s logistics center in Passo Corese, Italy.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>\u201cThe investigation showed that such benefits are crucial to gain visibility, to boost sales and, in turn, to the success of sellers\u2019 offers on\u00a0Amazon.it,\u201d the regulators said.<\/p>\n<p>\u201cIn so doing, Amazon harmed competing e-commerce logistics operators, preventing them from presenting themselves to online sellers as providers of services of comparable quality to Amazon\u2019s FBA and thus capable of ensuring high visibility on\u00a0Amazon.it. Such a conduct widened the gap between Amazon\u2019s market power and its competitors\u2019 also in the delivery of e-commerce parcels.\u201d<\/p>\n<p>The regulators called Amazon\u2019s conduct \u201cparticularly serious.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-05.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Amazon delivery\" class=\"wp-image-20426264\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-05.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-05.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-05.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>In addition to the fine, Italian regulators said they\u2019ll impost corrective measures that will be subject to review by a monitoring trustee. Above, a delivery worker pulls a cart of boxes on Cyber-Monday in New York.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>In addition to the major fine, the regulators said they\u2019ll impose corrective measures that will be subject to review by a monitoring trustee.<\/p>\n<p>In a statement, Amazon said that it \u201cstrongly disagrees\u201d\u00a0with the fine and slammed it as \u201cunjustified and disproportionate.\u201d<\/p>\n<p>Small and medium-sized businesses make up most of the platform\u2019s sales in Italy, the company said. <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-04.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Amazon factory\" class=\"wp-image-20426270\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-04.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-04.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-04.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>In response to the regulators\u2019 results, Amazon slammed the fine as \u2018disproportionate.\u2019<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-02.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Amazon factory\" class=\"wp-image-20426276\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-02.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-02.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-02.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Going forward, Amazon in Italy will also be subject to a monitoring trustee.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>\u201cSmall and medium-sized businesses have multiple channels to sell their products both online and offline: Amazon is just one of those options,\u201d the Amazon spokesperson added.<\/p>\n<p>\u201cWe constantly invest to support the growth of the 18,000 Italian SMBs that sell on Amazon, and we provide multiple tools to our sellers, including those who manage shipments themselves.\u201d<\/p>\n<p>Amazon stock was slightly lower in premarket trading on Thursday, down to $3,513.50 per share.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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The Autorita Garante della Concorrenza e del Mercato, or AGCM,\u00a0said\u00a0in a statement that Amazon leveraged its dominant position to illegally harm competitors in the e-commerce logistics&#8230;<\/p>\n","protected":false},"author":1,"featured_media":378658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/12\/amazon-antitrust-italy-comp-1.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[121285,2758,111048,71227],"class_list":["post-378657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-9-21","tag-amazon","tag-antitrust-law","tag-italy"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/378657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=378657"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/378657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/378658"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=378657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=378657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=378657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}