Amazon and Apple fined $225 million in Italian for alleged collusion

Italy’s antitrust authority fines US tech giant Amazon.com Apple More than 200 million euros ($225 million) in total for alleged anti-competitive cooperation in the sale of Apple and Beats products.

The contractual provisions of a 2018 agreement between the companies meant that only selected resellers were allowed to sell Apple and Beats products on Amazon.it, the competition watchdog said, adding that it was in violation of EU rules.

The authority fined Amazon €68.7 million and Apple €134.5 million, ordering the companies to end the ban for providing access to Amazon.it in a non-discriminatory manner to retailers of genuine Apple and Beats products .

Apple denied any wrongdoing and said it plans to appeal the fine.

“To ensure that our customers purchase genuine products, we work closely with our reseller partners and a dedicated team of experts from around the world who work with law enforcement, customs and merchants to ensure to ensure that only genuine Apple products are being sold.”

An Amazon representative could not be reached for immediate comment.

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