The Limited Times

Now you can see non-English news...

Antitrust: Tar cancels maximum fine to Apple and Amazon

2022-10-03T11:37:50.867Z


The maximum fine of over 100 million euros (initially of 134,530,405 euros, then corrected by mistake in 114,681,657 euros) imposed by the Antitrust in November 2021 on Apple and Amazon for an anti-competitive agreement was canceled by the Lazio TAR. (HANDLE)


(ANSA) - ROME, OCTOBER 03 - It was canceled by the Tar del Laziola maximulta by over 100 million (initially of 134,530,405 euros, then corrected by mistake in 114,681,657 euros) inflicted by the Antitrust in November 2021 to Apple and Amazon for one anti-competitive agreement.

The decision is contained in a ruling that brought together in a single decision the reasons for the appeals proposed by Apple Inc., Apple Distribution International Limited, Apple Italia, Amazon Italia Services, Amazon.com inc., Amazon Services Europe, Amazon Europe Core and Amazon Eu.


    This is the sanction that concerned - explains in the Tar judgment - a clause of the contract stipulated between Apple and Amazonnel 2018, which had reserved the sale of Apple / Beats products (Apple products), through the marketplace, of Amazon to the so-called Apple Premium Resellers (the category of resellers, within the Apple distribution system, met the highest standards of quality and investments).


    According to the judges, "from the examination of the unfolding of the facts it emerges that the Agcm could have acquired all the information necessary to outline the basic elements of the offense and, therefore, decide whether or not to start the subsequent investigation phase in a very long period of time. more limited than the actual course, during which no activities appear to have been carried out. This circumstance is in contrast with compliance with the principles of good performance and efficiency of administrative action, in the light of the aforementioned jurisprudential guidelines ".


    The complaint concerning the violation of the right of defense due to the excessively shortened time limit assigned to the parties for their own conclusive observations was also held to be well founded.

(HANDLE).


Source: ansa

All life articles on 2022-10-03

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.