Spain's Communications And Markets Regulator Fines Apple And Amazon €194M For Restricting The Competition On The Amazon Website In Spain
Portfolio Pulse from Happy Mohamed
Spain's Communications and Markets Regulator has fined Apple (AAPL) and Amazon (AMZN) €194M for restricting competition on Amazon's website in Spain.
July 18, 2023 | 12:26 pm
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NEGATIVE IMPACT
Apple has been fined by Spain's regulator for restricting competition on Amazon's website in Spain.
The fine imposed by Spain's regulator could negatively impact Apple's financials in the short term. Additionally, this could lead to increased scrutiny from other regulators, potentially leading to more fines or changes in business practices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Amazon has been fined by Spain's regulator for restricting competition on its website in Spain.
The fine imposed by Spain's regulator could negatively impact Amazon's financials in the short term. This could also lead to increased scrutiny from other regulators, potentially leading to more fines or changes in business practices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50