Italy fines Amazon $1.3 billion for abusing its market position

Italy’s competition authority announced that it had fined Amazon €1.129 billion, or roughly $1.3 billion at today’s exchange rate. According to the antitrust watchdog, Amazon has abused its dominant market position and pushed third-party sellers to use the company’s logistics service Fulfillment by Amazon (FBA). The Italian authority, the Autorità Garante della Concorrenza e del … Continue reading Italy fines Amazon $1.3 billion for abusing its market position