Italy’s Competition Watchdog Begins Antitrust Investigation Into Apple, Amazon
REUTERS / Regis DuvignauBusiness16:45 GMT 22.07.2020Get short URL
ROME (Sputnik) – The Italian Competition Authority on Wednesday announced launching an investigation into allegedly unlawful business practices by Apple and Amazon.
The authority says that the alleged agreement is harming unofficial dealers, including small and medium-sized companies, which legally acquire Apple products from wholesale distributors to sell them to individual customers. The disappearance of small retailers from the market will harm the consumer, according to the competition watchdog.
The companies’ offices were inspected earlier in the day. Amazon has already pledged to cooperate with the investigation.
In June, the European Union launched antitrust investigations into Apple’s payment platform over concerns that its practices stifle competition.
According to the EU Commission, the probes have been launched over allegations that the US tech giant refuses to grant access to the payment system in some cases, limiting access to the “tap and go” function on iPhones.
A second investigation has been launched over the company’s App Store due to concerns that it restricts developers from letting iPhone and iPad users know about ways to make purchases outside of apps.