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Cnmc Launches Disciplinary Proceedings Against Apple And Amazon

By Reuters News

Nov 3 (Reuters) - Spain's competition watchdog CNMC:

  • LAUNCHES DISCIPLINARY PROCEEDINGS AGAINST APPLE AND AMAZON

  • COMPANIES FAILED TO COMPLY WITH CEASE-AND-DESIST ORDER IMPOSED ON THEM IN SANCTIONING RESOLUTION OF JULY 2023

  • IMPOSED FINES ON BOTH COMPANIES FOR INCLUDING ANTI-COMPETITIVE CLAUSES IN CONTRACTS GOVERNING THE TERMS AND CONDITIONS OF AMAZON’S ROLE AS AN APPLE DISTRIBUTOR

  • 2023 RESOLUTION REQUIRED THEM TO CEASE SANCTIONED CONDUCT, BUT THEY DID NOT TAKE ANY MEASURES UNTIL MAY 2025

  • BOTH 2023 PENALTY DECISION AND 2025 DECISION ON NON-COMPLIANCE HAVE BEEN APPEALED TO NATIONAL HIGH COURT AND ARE PENDING JUDGEMENT

  • A PERIOD OF UP TO 3 MONTHS NOW BEGINS FOR INVESTIGATION OF CASE AND ITS RESOLUTION BY CNMC

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