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UK tribunal lets Amazon marketplace claim against Apple and Amazon proceed

UK Tribunal Allows £306 Million Antitrust Lawsuit Against Apple, Amazon Image: Primary
The UK Competition Appeal Tribunal has allowed a class-action claim against Apple and Amazon to proceed over an agreement that allegedly restricted sellers of Apple and Beats products on Amazon's UK marketplace. The claimants say the 2018 agreement reduced competition and raised prices for UK buyers. The case will examine pricing on Amazon's marketplace. The tribunal dismissed broader claims about prices at Apple stores and other retailers as too speculative. Lawyers for the claimants estimate potential liability, including interest, at £289 million to £306 million; the allegations have yet to be decided at trial.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from whalesbook.com and reviewed by the T&B editorial agent team.
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