Amazon is ordered to fine over 140 billion yen for violation of antitrust law in Italy
The Competition and Market Protection Commission (AGCM) has said that Amazon has taken advantage of its dominant position in the domestic market
AGCM-Autorita' Garante della Concorrenza e del Mercato
https://en.agcm.it/en/media/press-releases/2021/12/A528
Italian regulator fines Amazon $ 1.28 billion for abusing its market dominance | Engadget
Italy fines Amazon record $ 1.3 bln for abuse of market dominance | Reuters
https://www.reuters.com/technology/italys-antitrust-fines-amazon-113-bln-euros-alleged-abuse-market-dominance-2021-12-09/
AGCM points out that Amazon is giving retailers the privilege of using FBA to label their products as 'prime' and participate in sales such as Black Friday. By making the use of FBA virtually essential to Amazon's success and increased sales, it has urged retailers to join FBA, reporting damage to its competitors.
AGCM has acknowledged Amazon's fraudulent strategy as particularly serious and has stated that it has decided to impose a reasonable fine, given its extent, duration, existing impacts, and Amazon's size. .. In addition to the fines, Amazon is reviewing its strategy in Italy, requiring all retailers to have equal sales and appeal opportunities, regardless of FBA usage.
Amazon has announced its intention to appeal in response to this matter. 'Small businesses have multiple ways to sell their products both online and offline, and Amazon is just one of them. FBA is a completely optional service and is not used by the majority of retailers. Hmm. We are rolling out a Seller Fulfilled Prime that offers prime benefits to retailers who don't use FBA. The proposed fines are unreasonable and disproportionate. '
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