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Amazon Handed $1.2 Billion Fine in Italian Antitrust Probe

  • Italian fine comes amid EU investigation into Amazon behavior
  • Amazon last month lost EU court bid to prevent parallel probes
An Amazon Fulfillment Center On Cyber Monday
Photographer: Michael Nagle/Bloomberg
Updated on Inc. was fined more than 1.1 billion euros ($1.2 billion) in an Italian antitrust probe that accused the retail giant of “harmful” practices and abusing its dominant in one of the largest penalties handed out by a European regulator.

The tech giant has expanded its shipping services in Europe, with the aim of persuading local businesses to launch their own trucking firms to exclusively transport freight for the company. The retailer also tied access to a set of exclusive benefits to the use of its own logistics, the regulator said.