Tech Startups
Early this week, Italy’s antitrust regulator fined Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products. The Italian watchdog said the contractual provisions of a 2018 agreement between the companies were set up in such a way that only selected resellers were allowed to sell the two products on Amazon.
Fast forward three days later, Italy’s antitrust regulator has handed another hefty fine on Apple and Google 10 million euros ($11.2 million) each for what it described as “aggressive practices” linked to the commercial use of user data. The fine is the maximum amount the watchdog can apply in these cases, the watchdog said…
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