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Italy watchdog fines Amazon €1.13 billion.

Italy’s competition regulator said today it had fined e-commerce giant Amazon €1.13 billion for alleged abuse of market dominance.

In a statement, the watchdog said Amazon had harmed competing operators in the e-commerce logistics service.

The watchdog said it would impose on Amazon corrective steps that will be subject to review by a monitoring trustee.

Amazon had no immediate comment.

Source: www.rte.ie

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