Finance
Italy antitrust cuts Amazon record fine to $878.2 million
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Italy's antitrust authority reduced Amazon's fine to $878.2 million after a court ruling, down from an initial 1.128 billion euros.
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.
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.
($1 = 0.8568 euros)
(Reporting by Elvira Pollina, editing by Cristina Carlevaro)
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.
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.
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.
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.
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