Two of the world’s biggest companies have been accused of colluding to suppress competition in Spain.
Amazon and Apple have been fined $218 million by the Spanish National Markets and Competition Commission after the antitrust watchdog says they colluded to limit third-party sales of electronics in Spain and drove up the prices of Apple products, the latest in a series of antitrust investigations that have targeted the two companies....
The commission said 90% of third-party Apple sellers were forced off of Amazon as a result of the deal, and prices of Apple products sold online rose, Reuters
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