Apple and Amazon Fined $218 Million in Spain for Restricting Competition
While U.S. anti-trust regulators keep losing ground, European regulators are growing more feisty. The latest blow came from Spain, where the competition watchdog CNMC has fined Apple and Amazon a combined $218 million for limiting Apple resellers on Amazon Spain. While the stated purpose was to reduce sale of counterfeit goods, the CNMC found the result was to restrict competition among authorized sellers and from competing non-Apple products.