• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12653.48
    • RUB159.75
    • EUR14871.64
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +32°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World

    Spain fines Amazon and Apple $218mn for collusion in product sales

    Spain fines Amazon and Apple $218mn for collusion in product sales

    Spain's anti-trust regulator, the CNMC, has imposed fines totaling $218mn on tech giants Amazon and Apple for colluding in the sale of products, thereby restricting competition. 

    Photo: Spain fines Amazon and Apple $218mn for collusion in product sales 
    Source: AP

    The watchdog's investigation revealed that both companies had reached an agreement in October 2018 to limit the availability of Apple products through third-party resellers on Amazon's Spanish websites, resulting in a significant reduction in competition.

    As per the CNMC's statement, more than 90% of resellers utilizing Amazon's platform in Spain to sell Apple products were excluded from the country's primary online market. Only selected resellers approved by Apple were permitted to offer the company's products on Amazon.es, effectively undermining competition in the marketplace.

    The fines imposed by the CNMC amount to $56.6mn for Amazon and $161mn for Apple. Both companies have a two-month period to appeal the decision made by the Spanish regulator.

    Responding to the allegations, an Amazon spokesperson issued a statement via email to Reuters, rejecting the CNMC's claim that Amazon benefited from excluding sellers from its marketplace. The spokesperson emphasized that Amazon's business model thrives on the success of companies selling through its platform.

    This is not the first time that Amazon and Apple have faced substantial fines in Europe for unfair competitive practices. Last year, France imposed a $417mn fine on Apple for similar violations, while in December 2021, Italy fined Amazon $1.3bn for abusing its dominant market position.

    The penalties imposed on Amazon and Apple by European regulators reflect the growing scrutiny of tech companies' practices and efforts to ensure fair competition in the digital marketplace. 

    18.07.2023, 23:09   Comments (0)   974
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Burabay resort hosts Zhas Kazakh summer camp for ethnic Kazakh children from abroad 

    18.07.2023, 22:38

    John Kerry visits China to revive climate cooperation amidst escalating extreme weather events 

    18.07.2023, 22:23

    Emergency evacuation slide detaches from United Airlines plane, lands in Chicago neighborhood 

    18.07.2023, 22:17

    BP and Socar make maiden bid for Israeli offshore gas in growing Eastern Mediterranean interest 

    18.07.2023, 22:13

    Ukrainian security official claims responsibility for Crimean bridge attack

    18.07.2023, 20:58

    Ombudsman Kyrgyzstan calls for withdrawal of controversial NCO bill

    18.07.2023, 19:41
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    Heatwaves could kill thousands annually across Central Asia by 2090, World Bank warns

    17 July, 12:10

    Azerbaijan vs Russia: why a bilateral quarrel is reverberating across Central Asia

    9 July, 15:42

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12
     
     
     

    Latest news

    Uzbekistan professor bridges cultures and fosters innovation at University of Missouri

    Uzbekistan | 26 July, 16:00

    Uzbekistan uses over half of its land for agriculture, Cadastral agency reports

    Uzbekistan | 26 July, 13:35

    Uzbekistan’s poverty rate falls to 6.8% with 2.1 pp drop in 1H25

    Uzbekistan | 26 July, 11:01

    Uzbekistan advances social protection reform with results-based planning and budgeting workshop

    Uzbekistan | 25 July, 17:28

    Afghanistan, Pakistan sign preferential trade agreement to cut tariffs on key agricultural exports

    Afghanistan | 25 July, 15:00

    Uzbekistan's fixed asset investments reach $21.4bn in 1H25, up by $2.4bn

    Uzbekistan | 25 July, 13:00

    Uzbekistan proposes Georgia to join China–Kyrgyzstan–Uzbekistan railway with view to Middle Corridor integration

    Uzbekistan | 25 July, 11:31

    Chinese firm to build 600 MW data centers in Uzbekistan’s Bukhara and Surkhandarya regions

    Uzbekistan | 25 July, 10:30
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.