Apple, Amazon Face Sanction Proceedings From Spanish Regulator
MT newswire2026/11/03 14:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:22 AM EST, 11/03/2026 (MT Newswires) -- Apple (AAPL) and Amazon (AMZN) are facing sanction proceedings initiated by Spain's Comision Nacional de los Mercados y la Competencia for allegedly failing to comply with the cease and desist order it issued in 2023, the regulator said Tuesday. "On October 1, 2025, the CNMC Council declared that Amazon and Apple had failed to comply with the July 2023 resolution by not ceasing the sanctioned conduct until May 2025, after receiving the non-compliance notice from the Competition Directorate," the CNMC said. "The Council urged the Competition Directorate to initiate sanction proceedings due to evidence of infringement resulting from this non-compliance. These proceedings were initiated after the courts denied the precautionary suspension requested by both companies." Apple and Amazon didn't immediately reply to requests for comment from MT Newswires. Price: 332.46, Change: -5.87, Percent Change: -1.73
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