Business

The Italian antitrust regulators fined Amazon $1.28 billion

Italian antitrust officials fined Amazon 1.13 billion euros ($1.28 billion) on Thursday for abusing its market dominance. Amazon has injured competitors in the e-commerce logistics sector, according to the Autorit√† Garante della Concorrenza e del Mercato, or AGCM. It was decided that Amazon took advantage of its market dominance to induce vendors to sell on…

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