Europe is now formally investigating Amazon’s use of merchant data

Europe is now formally investigating Amazon’s use of merchant data

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/07/17/europe-is-now-formally-investigating-amazons-use-of-merchant-data/

European regulators have announced a formal antitrust investigation of Amazon’s use of data from third parties selling on its ecommerce platform.

Commenting in a statement, competition commissioner, Margrethe Vestager said: “European consumers are increasingly shopping online. Ecommerce has boosted retail competition and brought more choice and better prices. We need to ensure that large online platforms don’t eliminate these benefits through anti-competitive behaviour. 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.”

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