economy and politics

The CNMC fines Apple and Amazon 194 million for restricting competition on the Amazon Spain website

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Archive – Amazon Logo – Moritz Frankenberg/dpa – File

July 18 () –

The National Commission of Markets and Competition (CNMC) has fined a total of 194.15 million euros to different companies of the Amazon and Apple groups for agreeing and executing certain restrictions on competition in the online market or ‘market place’ from Amazon that affect third-party resellers of Apple products and competing products from the Apple firm.

As reported by the agency, both companies agreed to include a series of clauses in the contracts that regulate the conditions of Amazon as an Apple distributor that affected the sale of Apple products and other brands on the Amazon website in Spain.

On the one hand, they “unjustifiably” restricted the number of resellers of Apple products on the Amazon website in Spain, and, on the other, they limited the advertising spaces where competing Apple products can be advertised on the Amazon website in Spain, details the CNMC. .

Finally, they limited the possibility of Amazon directing marketing campaigns to customers of Apple products on its website in Spain to offer them competing products from other brands.

((WILL BE EXTENSION))

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