ROME : Italy's competition watchdog AGCM is trying to close a legal loophole that has allowed several companies to evade antitrust fines and may help Amazon in an ongoing appeal, a legal expert and two sources told Reuters.The European Commission is closely following the matter, which has potential implic
ROME : Italy's competition watchdog AGCM is trying to close a legal loophole that has allowed several companies to evade antitrust fines and may help Amazon in an ongoing appeal, a legal expert and two sources told Reuters.
The law has been used by the Council of State, Italy's top administrative court, over the last three years to scrap several antitrust penalties on account of a failure to meet that time limitation. Amazon was handed the fine in 2021 by the AGCM for alleged abuse of a dominant position in the Italian market to favour the adoption of its own logistics service by sellers active on Amazon.it.
Commission spokeswoman Arianna Podesta said the EU executive"is in contact with Italian authorities", but declined to confirm it had sent a letter to Rome as part of procedures that could lead to an EU infringement procedure.
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