Italy hits Amazon, Apple with 200 mn euro antitrust fine

 Italy hits Amazon, Apple with 200 mn euro antitrust fine
US big tech firms have faced a slew of antitrust challenges and fines in Europe.

Italy’s competition watchdog imposed fines totalling over 200 million euros ($225 million) on Amazon and Apple Tuesday in the latest action taken against US tech giants in Europe over their business practices.

The watchdog ordered Apple to pay 134.5 million euros and e-commerce firm Amazon 68.7 million euros for infringing EU laws through restrictions which penalised sellers of Apple and Beats products.

US big tech firms have faced a slew of antitrust challenges in Europe—an approach being watched closely by regulators in Washington, which has pledged to intensify scrutiny of the technology industry.

The Italian watchdog said a…

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