Italy’s antitrust watchdog said today that it had fined Amazon €1.13bn for alleged abuse of market dominance in one of the biggest penalties imposed on a US tech giant in Europe.
Read the full article on the Reuters website
NAM Implications:
- The right and wrongs of the current issue will emerge over the coming months/years.
- Meanwhile, suppliers and rival retailers have to allow the legal/competition-regulation roll on…
- …and focus on optimising current market opportunities.
- Rather than allow this issue to become as distracting as it will be for EU authorities.
- (and perhaps Amazon?)
