Amazon to Challenge Reduced Italian Fine

• The original 1.13 billion euro fine was imposed in 2021 for restricting competition in Italy's e-commerce logistics services
• A regional administrative court reduced the penalty to 751 million euros ($876.3 million), approximately a 33% reduction
• Italy's antitrust authority will also appeal the ruling, seeking to restore the higher original fine amount

Summary: Amazon to Challenge Reduced Italian Fine

Key Development: Amazon plans to appeal a reduced antitrust fine in Italy, arguing it should not face any penalty. The U.S. e-commerce giant maintains its position despite the fine being lowered by an Italian regional administrative court.

Financial Details:

• Original fine: €1.13 billion (imposed in 2021)
• Reduced fine: €826.2 million ($876.3 million)
• Reduction amount: approximately €304 million

Background: Italy's antitrust authority originally fined Amazon in 2021 for abusing its dominant market position and restricting competition in e-commerce logistics services within Italy. The penalty was reduced following a regional administrative court ruling on Monday.

Next Steps: Both parties plan to continue legal proceedings:

• Amazon will appeal, seeking complete elimination of the fine
• Italy's antitrust regulator will also appeal the court's decision to reduce the original penalty

Market Implications: This case highlights ongoing regulatory scrutiny of big tech companies in Europe, particularly regarding antitrust and competition concerns. The outcome could set precedents for how e-commerce giants operate logistics services in EU markets. The extended legal battle suggests both sides remain committed to their positions, potentially leading to years of continued litigation.

Companies Mentioned: Amazon (primary focus)

Sector: E-commerce, logistics services

Neither Amazon nor Italy's antitrust authority provided immediate comment on the reported appeal plans when contacted by Reuters.