A visitor stands near a logo of Amazon during the annual Retail Leadership Summit in Mumbai, India, February 27, 2025. REUTERS/Hemanshi Kamani/ File Photo
ROME (Reuters) -An Italian court has reduced a 1.13-billion-euro ($1.32 billion) fine imposed on Amazon in 2021 by Italy's competition authority for alleged abuse of a dominant position, a ruling showed on Tuesday.
The Lazio administrative court upheld the main findings by the regulator after Amazon appealed, but said the fine had to be recalculated, arguing that the watchdog had not adequately explained the reasons for including a discretionary 50% increase.
