Italy's competition watchdog fines Apple, Google over $11 mn each
London
26-November-2021

PHOTO: IANS
The Italian Competition Authority (AGCM) has fined tech giants Apple and Google around $11.3 million each over violations of the Consumer Code - one for lack of information and another for aggressive practices regarding the acquisition and use of consumer data for commercial purposes.
"Apple collects, profiles and uses user data for commercial purposes through the use of its devices and services. Therefore, even without proceeding to any transfer of data to third parties, Apple directly exploits the economic value through a promotional activity to increase the sale of its products and/ or those of third parties through its commercial platforms App Store, iTunes Store and Apple Books," the AGCM statement said.
In a statement to The Verge, Google said it disagrees with the ruling and plans to appeal.
"We give people simple controls to manage their information and limit the use of personal data, and we work hard to be fully compliant with the consumer protection rules," a spokesperson was quoted as saying.
This is the second time Apple has been fined by the Italian regulator this week, after it and Amazon were hit with fines totalling over around $225 million on Tuesday for restricting who's allowed to sell Apple and Beats products on Amazon's Italian store.
A 2018 agreement between the two companies meant that only certain resellers are allowed to sell the products on Amazon, the regulator said, adding that this broke EU competition rules. Alongside the fine, both companies were told to end the restrictions. -IANS
Watch This TWL Video
More Headlines
AI Cybersecurity Startup Neural Defend Raises $600K in Pre-Seed Round
Chennai Doctor and Family Found Dead Amid ₹5 Crore Business Loss
Karnataka Withdraws CID Probe in Ranya Rao Gold Smuggling Case
New Kerala Guv Strikes Cordial Tone, Hosts CM Vijayan And FM Sitharaman In Delhi
Digital Payments Surge in India: 18,120 Crore Transactions in FY24-25
AI Cybersecurity Startup Neural Defend Raises $600K in Pre-Seed Round
Chennai Doctor and Family Found Dead Amid ₹5 Crore Business Loss
Karnataka Withdraws CID Probe in Ranya Rao Gold Smuggling Case
New Kerala Guv Strikes Cordial Tone, Hosts CM Vijayan And FM Sitharaman In Delhi
Digital Payments Surge in India: 18,120 Crore Transactions in FY24-25