Spain Imposes $218 Million Fine on Apple and Amazon for Competition Violations
Spain's antitrust agency, CNMC, slaps Apple and Amazon with a $218 million fine over allegations of competition violations. The investigation focused on whether the tech giants unfairly collaborated, reducing competition in the internet retail market for electronic products. Both companies plan to appeal, claiming the partnership benefits consumers, protects against fake products, and enhances discounts., Technology & Science News, Times Now
Source: timesnownews.com