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RTR: Italy fines Amazon record $1.3bn for abuse of market dominance

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Photo 194996167 © Marcos del Mazo | Dreamstime.com
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REUTERS reports:

Italy’s antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe.

Amazon said it “strongly disagreed” with the Italian regulator’s decision and would appeal.

As well as Amazon, Alphabet’s Google (GOOGL.O), Facebook Inc (FB.O), Apple ...

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