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2021-12-12 09:07
On December 9, the Official Website news, the Italian Competition and Markets Authority (AGCM) determined that Silicon Valley giant Amazon abused its "absolute dominance" in the e-commerce market, harmed the interests of competitors in e-commerce logistics, and was suspected of abusing its dominant market position, and fined it 1.128 billion euros. Combined with the €68.7 million in antitrust penalties it received at the end of November, Amazon will have to pay a total of nearly €1.2 billion in fines.
As of the 13 trading days of the 12th, Amazon's stock price has fallen by 6.81%, and the total market value has evaporated by 127.673 billion US dollars (about 813.1 billion yuan), and the stock market decline has led to Bezos withdrawing from the throne of the world's richest man.
(Editor: Ma Ting)