Update: Apple, Amazon Face Sanction Proceedings From Spanish Regulator

12:05 PM EST, 11/03/2026 (MT Newswires) -- (Updates to include comments from Apple and Amazon in the last two paragraphs.) 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." A spokesperson for Apple told MT Newswires that the company disagrees with the decision, reiterating its compliance with the order. Apple plans to continue engaging with the CNMC, the spokesperson added. A representative from Amazon told MT Newswires that the company's business model "relies on sellers' success" in contrast to the regulator's suggestion that Amazon benefits by excluding sellers from its store. Price: 331.05, Change: -7.27, Percent Change: -2.15