Finance
Italy antitrust cuts Amazon record fine to $878.2 million
Published by Global Banking and Finance Review
Posted on January 12, 2026
Italy antitrust cuts Amazon record fine to $878.2 million
Overview of the Fine Reduction
MILAN, Jan 12 (Reuters) - Italy's antitrust authority said on Monday it had reduced a record fine imposed on U.S e-commerce giant Amazon to 752.4 million euros ($878.20 million) from an original amount of 1.128 billion euros.
Background of the Case
The authority, which fined Amazon in 2021 for abusing its dominant position in logistics services, recalculated the penalty following a regional administrative court ruling last September.
Impact of the Court Ruling
($1 = 0.8568 euros)
(Reporting by Elvira Pollina, editing by Cristina Carlevaro)
Frequently Asked Questions about Italy antitrust cuts Amazon record fine to $878.2 million
1What is an antitrust fine?
An antitrust fine is a penalty imposed by a regulatory authority on a company for violating competition laws, often due to monopolistic practices or abuse of market dominance.
2What is market dominance?
Market dominance refers to a company's ability to control a significant share of the market, allowing it to influence prices and competition within that market.
3What is a penalty recalculation?
Penalty recalculation involves reviewing and adjusting the amount of a fine or penalty based on new evidence or legal rulings, often resulting in a reduced amount.
4What is a dominant position in logistics services?
A dominant position in logistics services occurs when a company has a significant competitive advantage in the logistics market, allowing it to control supply chains and pricing.
