Spain's high court suspends $209m in fines on Amazon & Apple over antitrust collusion, as part of appeal process.

Spain's high court has suspended fines totaling $209 million imposed on Apple and Amazon by the country's antitrust watchdog, CNMC. The tech giants are appealing the fines, which were issued in July for their alleged collusion to prevent third-party dealers from selling Apple products on Amazon's websites in Spain. The court's decision to suspend the payment is part of the ongoing appeal process. It does not anticipate whether the tech companies will ultimately win or lose their case.

February 08, 2024
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