MADRID—Spain’s antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218.03 million) on Amazon and Apple 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.
Apple was fined 143.6 million euros and Amazon 50.5 million euros. The two companies have two months to appeal the decision.
Spokespeople from Apple and Amazon separately said their respective companies intend to appeal the fines….