Amazon to appeal against Italian fine, even after it was cut, paper says
ROME, Jan 14 (Reuters) - U.S. e-commerce giant Amazon will appeal against a decision by an Italian court that reduced a fine imposed by the country's antitrust regulator as it believes it should not be charged at all, Italian daily MF reported on Wednesday.
On Monday, Italy's antitrust authority said it had reduced to 752.4 million euros ($876.3 million) a 1.13-billion-euro fine it imposed on Amazon in 2021 for abusing its dominant position, restricting competition in e-commerce logistics services in Italy.
The reduction followed a regional administrative court ruling last September.
The Italian regulator will also appeal against the ruling to reduce the fine, MF reported.
The antitrust authority declined to comment. Amazon did not immediately reply a request for comment.
($1 = 0.8586 euros)
(Reporting by Giulia Segreti. Editing by Gianluca Semeraro and Mark Potter)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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