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Amazon fined 1.1 billion euros for unfair competition

As it leaves its European rivals eating dust, Amazon has found a hiccough in Italy: the country’s competitions watchdog has slapped the American retail giant with a 1.13b billion euro (965m pounds) fine for harming rival e-commerce logistics services and promoting its own. The regulator said Amazon negatively impacted rivals by only giving...

Dec 12, 2021