An Italian regulator hit Amazon with a massive fine Thursday over alleged anti-competitive business practices.
The Italian Competition Authority issued the $1.3 billion penalty after the results of its investigation into Amazon concluded the online marketplace favored third-party vendors who use Amazon’s shipping and logistics services, the regulator announced in a press release Thursday. The Authority alleged that Amazon boosted the presence of vendors that used its services on its site as a way to increase use of its own logistic service, Fulfillment by Amazon (FBA).
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