The European Union’s competition commission is looking into how Amazon uses data from retailers selling via its ecommerce marketplace, Reuters reports. Competition commissioner Margrethe Vestager revealed the action today during a press conference. “We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to understand this issue in full,” she said. It’s not a formal antitrust probe at this stage, with Vestager also telling reporters: “These are very early days and we haven’t formally opened a case.

BING NEWS:
  • India Probe Finds Amazon, Flipkart Broke Antitrust Laws:Standard
    A Competition Commission of India (CCI) investigation into a four-year-old case against Amazon and Flipkart has found the companies flouted antitrust laws, Business Standard reports, citing ...
    05/2/2024 - 7:00 am | View Link
  • Amazon Fined $10.7 Million by Italian Antitrust Authority Over ‘Subscribe and Save'
    The e-commerce titan has come under fire for making recurring delivery the default option when a customer checks out on the site.
    04/25/2024 - 3:34 am | View Link
  • Microsoft, Amazon AI Partnerships in U.K. Antitrust Regulator's Focus
    By David Sachs The U.K.'s competition regulator is seeking input on partnerships between tech and AI companies including Microsoft and Amazon.
    04/24/2024 - 12:27 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News