The fine is the result of a case opened by the regulator, known as the CNMC, in July 2021, that sought to prove that the pair unfairly colluded to \u201creduce competition in the internet retail market for electronic products.\u201d<\/span><\/p>\n Clearly, the CNMC found the proof it was looking for. <\/span>\u201cOver 90% of resellers who used Amazon\u2019s website in Spain to sell Apple products were excluded from Spain\u2019s main online market,\u201d it said.<\/span><\/p>\n The regulator also pointed out that Amazon reduced the capacity of retailers in other EU countries to access Spanish customers, and restricted the advertising Apple\u2019s competitors were allowed to place on its website when users searched for Apple products.<\/span><\/p>\n Catch up on our conference talks<\/p>\n Watch videos of our past talks for free with TNW All Access \u2192<\/p>\n<\/div>\n<\/div>\n As a result, Amazon has been fined \u20ac50.5mn, while Apple has been fined \u20ac143.6mn. The companies now have two months to appeal the decision, which the pair more than <\/span>likely<\/span><\/a> will.\u00a0<\/span><\/p>\n \u201cWe reject the suggestion made by CNMC that Amazon benefits from excluding sellers from its marketplace, as our business model hinges precisely on the success of the companies selling through Amazon,\u201d Amazon said in a statement to <\/span>Reuters<\/span><\/a>.<\/span><\/i>\u00a0\u00a0<\/span><\/p>\n Apple said the agreement with Amazon, made back in 2018, was designed to limit the number of counterfeits sold online. However, small resellers <\/span>complained<\/span><\/a> that this threatened their businesses, as the requirements for becoming an authorised reseller include hitting sales volumes of millions of dollars.<\/span><\/p>\n Three countries \u2013 Germany, Italy, and Spain \u2013 opened antitrust investigations into the matter. Germany never dropped the case, but Italy fined Apple and Amazon more than <\/span>\u20ac<\/span>200mn for restricting competition in the sale of Apple and Beats products but subsequently <\/span>dropped<\/span><\/a> the charges. <\/span>\n <\/div>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n If you want to read more like this article, you can visit our Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n
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