Spain's competition watchdog said a deal limiting resellers of Apple products on Amazon's website restricted competition, while the companies said it was aimed at reducing counterfeit goodsSpain's competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with fines totalling 194 million euros for collusion in the sale of products.
Contractual provisions of a 2018 agreement between the companies meant only selected resellers picked by Apple were allowed to sell Apple products on Amazon.es, it added. The move"drastically" reduced competition between resellers of Apple products on Amazon's Spanish platform, it added.The authority imposed a fine of 50.5 million euros on Amazon and 143.6 million euros on Apple.
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