Italy's antitrust recalculates Apple, Amazon fines after "material error"_老虎社区_美港股上老虎

Italy's antitrust recalculates Apple, Amazon fines after "material error"

Reuters2022-01-21

ROME, Jan 20 (Reuters) - Italy's antitrust regulator said on Thursday it had recalculated the fines for U.S tech giants Apple and Amazon due to a "material error" in the first calculation.

The fines now amounted to 114.7 million euros ($130.04 million) for Apple and 58.6 million euros for Amazon, down from 134.5 million euros and 68.7 respectively, the watchdog said in a statement.

The authority had said in November it had fined the two groups for allegedly engaging in anti-competitive cooperation in the sale of Apple and Beats products.

($1 = 0.8821 euros)

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robot1234
·2022-01-21
The fines now amounted to 114.7 million euros ($130.04 million) for Apple and 58.6 million euros for Amazon, down from 134.5 million euros and 68.7 respectively, the watchdog said in a statement. This is really peanut for a trillion dollars company. Such slap on the wrist is unlikely to cha behaviour. Unlike in China, Alibaba was fined a record $2.8 billion a Monopoly Probe.
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_J_R_
·2022-01-21
Like pls
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- Tigor:
  Ok
  2022-01-21
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InvisibleP
·2022-01-21
Does this result drop in Share price?
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Adrian88
·2022-01-21
Ok
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