Brief: Cnmc Launches Disciplinary Proceedings Against Apple And Amazon

Amazon.com

Tue 15:05

Nov 3 (Reuters) - Spain's competition watchdog CNMC:
LAUNCHES DISCIPLINARY PROCEEDINGS AGAINST APPLE AND AMAZON
COMPANIES FAILED TO COMPLY WITH CEASE-AND-DESIST ORDER IMPOSED ON THEM IN SANCTIONING RESOLUTION OF JULY 2023
IMPOSED FINES ON BOTH COMPANIES FOR INCLUDING ANTI-COMPETITIVE CLAUSES IN CONTRACTS GOVERNING THE TERMS AND CONDITIONS OF AMAZON’S ROLE AS AN APPLE DISTRIBUTOR
2023 RESOLUTION REQUIRED THEM TO CEASE SANCTIONED CONDUCT, BUT THEY DID NOT TAKE ANY MEASURES UNTIL MAY 2025
BOTH 2023 PENALTY DECISION AND 2025 DECISION ON NON-COMPLIANCE HAVE BEEN APPEALED TO NATIONAL HIGH COURT AND ARE PENDING JUDGEMENT
A PERIOD OF UP TO 3 MONTHS NOW BEGINS FOR INVESTIGATION OF CASE AND ITS RESOLUTION BY CNMC
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