Both Apple and Amazon have announced they will appeal the fine, the second highest imposed by the National Commission for Markets and Competition (CNMC) in its history.
The National Commission for Markets and Competition (CNMC) fined a total of EUR 194.15 million on several companies of the Amazon and Apple groups for agreeing and implementing certain restrictions of competition in the online market or ‘marketplace’ of Amazon in Spain affecting third-party resellers of Apple products and competing Apple company products.
Specifically, the fine for Apple companies increases 143.64 million euro and which is imposed on Amazon 50.51 million of euros.
As reported by the agency, both companies agreed to include a series of clauses in the contracts governing Amazon’s terms as an Apple distributor that affected sales of Apple products and other brands on the Amazon marketplace. site in Spain.
On the one hand, “unjustly” limited the number of resellers of Apple products on the Amazon website in Spain and otherwise limited advertising space where competing Apple products can be advertised on Amazon’s website in Spain, the CNMC detailed.
Finally, they restricted Amazon’s ability to target marketing campaigns on its website in Spain to customers of Apple products in order to offer them competing products from other brands.
This is second highest fine imposed by the CNMC in its history has only been surpassed by that of 203.6 million euros applied to six of the main construction companies in Spain for changing the competitive process in infrastructure construction tenders for more than 25 years.
According to the CNMC, a contentious administrative appeal can be lodged directly with the National Court against this resolution within a period of two months from the day after the notification. Sources from both companies have been quick to point out that they intend to appeal the fine imposed by the agency as they strongly disagree with it.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
