Spain has fined Amazon and Apple a total of 194.1 million euros (over $218 million) for antitrust violations. According toReuters, the penalties relate to a deal the companies made in 2018 that made Amazon an authorized Apple dealer but also included alleged anti-competitive clauses. “The two companies restricted without justification the number of sellers of Apple products on the Amazon website in Spain,” Spain’s antitrust regulator, Comisión Nacional de los Mercados y la Competencia (CNMC), said today.The CNMC fined Apple 143.6 million euros and Amazon 50.5 million euros for their role in the alleged price-fixing conspiracy, based on contracts signed on October 31st, 2018. The agency said over 90 percent of existing vendors selling Apple products on Amazon were blocked from the storefront after the deal. In addition, Amazon allegedly restricted non-Spanish retailers in the European Union from reaching Spanish customers. The online retailer also supposedly diminished the allowed adve
