Spain fines Apple and Amazon €194M for colluding to restrict competition

Spain’s antitrust watchdog has fined Amazon and Apple €194mn for colluding to limit the sale of Apple products by third-party sellers on the huge online retail platform, which “drastically” reduced competition.   The fine is the result of a case opened by the regulator, known as the CNMC, in July 2021, that sought to prove that the pair unfairly colluded to “reduce competition in the internet retail market for electronic products.” Clearly, the CNMC found the proof it was looking for. “Over 90% of resellers who used Amazon’s website in Spain to sell Apple products were excluded from Spain’s main online…

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