Spain antitrust watchdog fines Amazon, Apple $218 million

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MADRID, July 18 (Reuters) - Spain's antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218.03 million) on Amazon (AMZN.O) and Apple (AAPL.O) for colluding to limit the online sale of devices from Apple and competitors in Spain...

The two contracts the companies signed on Oct. 31, 2018 granting Amazon the status of authorized Apple dealer included anti-competitive clauses that affected the online market for electronic devices in Spain, CNMC, as the watchdog is known, said in a statement...

"The two companies restricted without justification the number of sellers of Apple products on the Amazon website in Spain," it said...