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.

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    Amazon and Temu are taking different tacks to challenge Poland's online marketplace leader Allegro, with the U.S. e-commerce giant leaning into video and the fashion-focused Chinese company relying on ...
    04/8/2024 - 7:05 pm | View Link
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