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BREAKING
Al Mayadeen's envoy: The process of uranium enrichment is the main obstacle in the talks
Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: If we see that the other party deviates from the agreed-upon frameworks, we will not continue the talks
Al Mayadeen's envoy to Muscat, quoting a source in the delegation engaging in the nuclear talks: Iran is ready to reassure all parties that its nuclear program will remain peaceful
Araghchi: Iran's position on its right to a nuclear program is firm, but we are ready for greater transparency and hope that the other side's approach will be clear
Araghchi: Uranium enrichment is a valuable achievement for the Iranian people and is non-negotiable
Araghchi: Iran's nuclear program is legitimate and legal, and all our activities are peaceful and have been and will remain under the supervision of the International Atomic Energy Agency
Araghchi: Unlike the opposing side, Iran's positions are clear and proceeding steadily
Araghchi: Unfortunately, the US stances are contradictory between what is said in the talks and what appears in the media
Iranian Foreign Minister Abbas Araghchi, before heading to Muscat: We hope to reach a specific point in this round of talks
Ranjbaran: The official Iranian position on Iran's right to enrich uranium is a popular demand that will not be abandoned

Italian antitrust watchdog fines Amazon $1.2 billion

  • By Al Mayadeen Net
  • Source: Agencies
  • 9 Dec 2021 14:19
2 Min Read

Amazon has been accused of "harmful" practices.

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  • India Questions Amazon Over Marijuana Smuggling
    Amazon has been facing a series of investigations into its behavior. 

Retail giant Amazon was fined $1.2 billion from an Italian antitrust probe, which has accused the company of harmful practices, as well as abusing its superior position to leverage itself in the electronic market. 

“Amazon holds a dominant position in the Italian market for intermediation services on marketplaces, which Amazon leveraged to favor the adoption of its own logistics service,” the Italian antitrust regulator said on Thursday in a statement. 

The European Union, last month, ran a court bid to probe into Amazon's retail behavior, particularly concerning how Amazon deals with sellers on its own platform. However, Amazon lost the court bid, and the EU and Italy conducted investigations - separately - into how the tech giant has been behaving. 

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“We strongly disagree with the decision of the Italian Competition Authority and we will appeal,” Amazon contended in a statement. “The proposed fine and remedies are unjustified and disproportionate.”

The European Commission observes the ways retailers are chosen to appear in 'buy boxes' on internet pages and where the majority of their sales come from. How sellers have been offering their products to Amazon's Prime and whether these objectives favor Amazon over other retailers in terms of logistics and services are also looked into. 

Moreover, the Commission views that there may be antitrust issues with Alexa, the voice assistant, and with the mechanism through which data is collected. 

Italy's antitrust watchdog said it has demanded Amazon “to grant sales benefits and visibility on Amazon.it to all third-party sellers which are able to comply with fair and non-discriminatory standards for the fulfillment of their orders," in addition to other orders. 

  • Italy
  • Amazon
  • antitrust

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