Amazon fined $1.2bn by Italian regulators
London: For the violations of government’s norms, Amazon has been fined $1.2bn (£910m) by Italy’s anti-trust regulator.
It said the tech giant had abused its market dominance by promoting its own logistics service, Fulfilment by Amazon (FBA).
It claimed companies had to use the FBA service to access key benefits such as selling products with Prime delivery with no extra cost to customers, and participation in Black Friday sales.
Amazon said it “strongly disagreed” with the decision, and would appeal.
