Antitrust, Amazon fined over one billion for abuse of dominant position – Economy

Antitrust, Amazon fined over one billion for abuse of dominant position – Economy
Antitrust, Amazon fined over one billion for abuse of dominant position – Economy

The Italian Antitrust Authority has imposed a fine of over 1 billion euros on the companies Amazon Europe Core S.à rl, Amazon Services Europe S.à rl, Amazon EU S.à rl, Amazon Italia Services Srl and Amazon Italia Logistica Srl for violation of art. 102 of the Treaty on the Functioning of the European Union (abuse of dominant position).

According to the Authority, Amazon has harmed competing operators in the e-commerce logistics service. Imposing behavioral measures on the group which will be subjected to scrutiny by a monitoring trustee.

The conduct of Amazon, according to the Antitrust, has widened the gap between the power of Amazon and that of the competition also in the e-commerce order delivery business. Furthermore, as a result of the abuse, competing marketplaces have also been damaged: due to the cost of duplicating warehouses, sellers who adopt Amazon logistics are discouraged from offering their products on other online platforms, at least with the same. breadth of range.

The Authority – continues the note – considered this abusive strategy to be particularly serious and, also in consideration of its duration, the effects already produced and the size of the Group, decided to impose the sanction. Furthermore, in order to immediately restore competitive conditions in the relevant markets, it has imposed behavioral measures on Amazon that will be subjected to the scrutiny of a monitoring trustee.

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Antitrust Amazon fined billion abuse dominant position Economy

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