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.
Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA
- Nasdaq to deliver exclusive real-time US equities market data
- Real-time updates fully integrated into Asharq Business’ data infrastructure and available across all platforms
RIYADH: Asharq Business with Bloomberg, the region’s leading business and financial news multi-platform channel, announced Tuesday a strategic three-year collaboration with Nasdaq, to deliver exclusive real-time US equities market data and updates to investors and decision-makers across the Middle East.
Through access to Nasdaq’s official data product, Nasdaq Last Sale (NLS), Asharq Business with Bloomberg will receive real-time last-sale trade updates and calculated insights across major US exchanges directly from the Nasdaq Market Center. The collaboration strengthens market transparency, enhances data-driven storytelling, and provides audiences and partners with deeper insight into global financial activity.
With a rapidly growing investor base in the region — and with Nasdaq serving as a primary destination for many Arab and regional investors — Asharq Business with Bloomberg reinforces its mission to deliver timely, accurate, and exclusive financial updates by integrating NLS data into its digital platforms, live markets coverage, and broader data ecosystem.
Leveraging its partnership with Bloomberg Media — which grants access to reporting from over 2,700 journalists and analysts worldwide — Asharq Business with Bloomberg continues to build on its reputation as the region’s most trusted and credible multi-platform business news source. The collaboration with Nasdaq underscores its commitment to providing reliable, data-backed content across social, digital, and streaming platforms, available for audiences anytime and anywhere.
Dr Nabeel Al Khatib, General Manager of Asharq News Network, commented: “It has been five years since the inception of Asharq Business with Bloomberg, and our audience has always been at the center of everything we do. We invest time and effort to understand what matters to them, ensuring we deliver data and stories that genuinely support informed decision-making. With growing regional interest in global markets, our collaboration with Nasdaq marks a strategic step toward offering a clearer, more comprehensive view of international financial activity. Through Nasdaq Last Sale, we aim to further empower our audience with transparent, real-time insights, strengthening their ability to navigate an increasingly interconnected global investment landscape.”
The Nasdaq leadership team added: “We are pleased to collaborate with Asharq Business with Bloomberg to broaden access to high-quality US market data in the Middle East. Through Nasdaq Last Sale, we aim to enhance transparency, support informed decision-making, and contribute to a more connected global investor community.”
