Italian court lifts antitrust fine against Apple and Amazon


A document showed an Italian administrative court scrapped a fine imposed by the country’s antitrust authority on U.S. tech giants Apple and Amazon for alleged collusion.

The antitrust authorities fined both companies a total of more than 200 million euros ($195.3 million) in 2021, citing alleged anti-competitive cooperation in the sale of Apple and Beats products.

Earlier this year, the fine was reduced to an overall of 173.3 million euros due to a “material error” in the first calculation.

Amazon said in a statement that it welcomed the court’s decision.

The antitrust authorities declined to comment, while Apple had no immediate comment.

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