MADRID: Spain’s competition watchdog CNMC is investigating possible anti-competitive practices in Spain by Apple Inc. and Amazon.com Inc. regarding online sales of electronic products.
The CNMC said in a statement on Thursday that it had opened disciplinary proceedings over possible unlawful conduct by both companies that would include possible restrictions on the Amazon website in Spain.
“(Restrictions) would affect the retail sale of Apple products by third parties and the advertising of competing Apple products, leading to a reduced competition in the Internet retail market for electronic products,” the CNMC said.
In addition, they could strengthen Amazon’s position in the sector of providing marketing services to third-party retailers through online platforms in Spain.
Amazon said in a statement it was fully collaborating with the authority on this issue, while Apple in Spain was not immediately available to comment.
The CNMC’s proceedings open a maximum period of 18 months for the investigation and resolution of the case.
Spain looks into antitrust practices by Apple and Amazon
https://arab.news/ysbut
Spain looks into antitrust practices by Apple and Amazon
- Spain launches anti-trust investigation against Apple and Amazon regarding online sales.
- Amazon said it will fully cooperate with the Spanish authorities, Apple did not immediately comment.
Media ministry’s Konoz wins 6 gold awards
- “The Destination” showcases the developments witnessed in Saudi Arabia over the past few years across political, economic, medical, sports, cultural, media and artistic fields
RIYADH: The Konoz Saudi Arabia initiative, one of the Ministry of Media’s programs, achieved a global milestone by winning six gold awards at the AVA Digital Awards for its documentary film “The Destination.”
Awards were given for documentary, film, editing, informational, cinematography and directing.
With the achievement, the film’s total awards since its release have risen to 13, in addition to receiving three international commendations, bringing the initiative’s overall tally to more than 50 local and international awards.
“The Destination” showcases the developments witnessed in Saudi Arabia over the past few years across political, economic, medical, sports, cultural, media and artistic fields. The film highlights the steady and accelerated steps toward realizing Saudi Vision 2030 and the Kingdom’s transformation into a global destination.
The documentary is currently available on the Shahid and stc tv platforms, in addition to being screened onboard Saudia flights. It combines creative footage drawn from trusted media sources covering events across the Kingdom with exclusive interviews featuring experts and specialists in the fields addressed by the film.
To date, the documentary has surpassed 10 million views across various platforms.
The AVA Digital Awards are among the most prestigious international awards, established in the US nearly 19 years ago. The awards aim to honor excellence in planning, directing, design and production across digital campaigns, audio and video production, website development, and social-media marketing and engagement.
