Amazon’s market power to be tested in Germany in push for “early action” over antitrust risks
https://techcrunch.com/2021/05/18/amazons-market-power-to-be-tested-in-germany-in-push-for-early-action-over-antitrust-risks/
Germany’s Federal Cartel Office (FCO) is seeking to make swift use of a new competition tool to target big tech — announcing today that it’s opened a proceeding against ecommerce giant Amazon.
If the FCO confirms that Amazon is of “paramount significance for competition across markets” — as defined by an amendment to the German Competition Act which came into force in January (aka, the GWB Digitalisation Act) — the authority will have greater powers to proactively impose conditions on how it can operate in order to control the risk of market abuse.