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Finance & Economics

EU hits Amazon with antitrust charges

Nov 11, 2020

The Commission also opened a second antitrust investigation as well

Amazon antitrust

EU hits Amazon with antitrust charges. Source: shutterstock.com

According to Ecommerce News, the European Commission has accused Amazon of abusing non-public data from third-party merchants to boost sales of its own brands in France and Germany.

The Commission also opened a second investigation regarding the possible preferential treatment of marketplace sellers that use Amazon’s fulfillment services.

It will investigate whether Amazon gives preferential treatment when selecting the winner of the ‘Buy Box’, which is displayed prominently on Amazon’s websites.

The Commission takes issue with Amazon systematically relying on non-public business data of independent sellers who sell on its marketplace, to the benefit of Amazon’s own retail business, which directly competes with those third-party sellersrn
The EU Commission

Margrethe Vestager, Executive Vice President of the European Commission in charge of competition policy, says she wants to make sure that so-called dual role platforms don’t distort competition in Europe.

We’ve reported that Amazon has stopped its advertisements for Black Friday in France after the government said it was unfair to small shops. The coronavirus lockdown has forced them to close the doors as a part of implemented measures.

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