Amazon Handed $1.2 Billion Fine in Italian Antitrust Probe

December 9, 2021, 9:45 AM UTC

Amazon.com Inc.was fined more than 1.1 billion euros ($1.2 billion) in an Italian antitrust probe that accused the retail giant of “harmful” practices and abusing its dominant in one of the largest penalties handed out by a European regulator.

The tech giant has expanded its shipping services in Europe, with the aim of persuading local businesses to launch their own trucking firms to exclusively transport freight for the company. The retailer also tied access to a set of exclusive benefits to the use of its own logistics, the regulator said.

“Amazon holds a dominant position in the Italian market ...

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