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Italy’s antitrust fines Amazon 1.13 billion euros for alleged abuse of market dominance

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Reuters

MILAN (Reuters) -Italy’s antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance. In a statement the watchdog said Amazon had harmed competing operators in the e-commerce logistics service. “Amazon holds a dominant position in the Italian market for intermediation services on marketplaces, which Amazon leveraged to favour the adoption of its own logistics service – Fulfilment by Amazon (FBA) – by sellers active on Amazon.it to the detriment of the logistics services offered by competing operators, as well as to st…

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