Italian court scraps antitrust fine on Apple and Amazon

An Italian administrative court scrapped a fine imposed by the country’s antitrust authority on U.S. tech giants Apple and Amazon for alleged collusion, a document showed on Monday.

The antitrust authority had fined both companies a total of more than 200 million euros ($195.3 million) in 2021, citing alleged anti-competitive cooperation in the sale of Apple and Beats products.