Amazon And Apple Fined $218 Million For Elbowing Out Small Retailers In Spain::Regulators said the tech giants colluded to box out competitors by favoring sales of Apple products directly from the online retail giant.
Which couch will they look in to find all that money??
This is a strange lawsuit. Is Spain suing BestBuy for not allowing third party sellers to hock Apple equipment in their store? I mean, Amazon is a retailer, they can choose to sell or not sell whomever’s goods they want to.
Amazon had a real problem with counterfeit and used Apple products flooding their site, so they did something about it. Now Spain wants to make sure you can buy cheap crap that doesn’t work and isn’t the real thing?
Yeah, at first I figured this was about how Amazon takes out successful, smaller retailers on its site by offering the same product at a slightly lower price/de-prioritizing their search results, which is fucked, but this seems to be only about Apple products? Very bizarre…
They really do need to compute fines like this on gross revenue, not profit.