Business

Amazon fined billions of rupees


Amazon fined billions of rupees

Rome (Daily Pakistan Online) Amazon, the largest online shopping company in the European country Italy, has been fined billions of rupees.

According to the Italian Antitrust Authority, Amazon overstepped its authority in Italy to strengthen its position by working for personal logistics and inflicting heavy losses on its competitors in the e-commerce sector at a cost of 1. 1.3 billion (230 billion). A fine of Rs.

Two weeks earlier, the Italian Competition Commission had fined Amazon 68.7 million euros (Rs 13.72 billion).

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