ROME: Italy’s antitrust regulator fined Amazon.com Inc. more than 1.1 billion euros ($1.2 billion), citing harmful practices in the e-commerce logistics market. The institution set penalties on units including Amazon Italia Logistica Srl, according to a statement on Thursday. The US retail giant used its dominant position in the country to promote the use of its own logistics operations to the detriment of competitors, the regulator said. The Italian watchdog said on Thursday that the third-party sellers who do not use Amazon’s logistics service are excluded from “a set of advantages essential for obtaining visibility and better sales prospects”. TLTP
