YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

EU launches Amazon antitrust investigation

Posted online

The European Union launched an antitrust investigation into Amazon.

The investigation is meant to determine whether the e-commerce giant used its sales data to gain an unfair advantage over smaller sellers.

“E-commerce has boosted retail competition and brought more choice and better prices,” EU Competition Commissioner Margrethe Vestager said. “We need to ensure that large online platforms don’t eliminate these benefits through anticompetitive behavior. I have therefore decided to take a very close look at Amazon’s business practices and its dual role as marketplace and retailer, to assess its compliance with EU competition rules.”

Read more from The Verge.

Comments

No comments on this story |
Please log in to add your comment

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Good Pizza Co.

Good Pizza Co. settled into a semipermanent home at Metro Eats; Trinity Electric Co. was acquired; and Cantrell Real Estate relocated.

Most Read
SBJ.net Poll
Does your organization operate a diversity, equity and inclusion program?

*

View results

Update cookies preferences