• Advertisement
To advertise, place classifieds free ads by category in a forum as a new topic, or in the classified display ads section, or start a classifieds free blog.

Amazon's use of merchant data under EU microscope

Amazon's use of merchant data under EU microscope

Postby smix » Wed Sep 19, 2018 3:06 pm

Amazon's use of merchant data under EU microscope
Reuters

URL: https://www.reuters.com/article/us-eu-a ... SKCN1LZ1UV
Category: Politics
Published: September 19, 2018

Description: BRUSSELS (Reuters) - EU regulators are quizzing merchants and others on U.S. online retailer Amazon’s use of their data to discover whether there is a need for action, Europe’s antitrust chief said on Wednesday. The comments by European Competition Commissioner Margrethe Vestager came as the world’s largest online retailer faces calls for more regulatory intervention and even its potential break-up because of its sheer size. Vestager said the issue was about a company hosting merchants on its site and at the same time competing with these same retailers by using their data for its own sales. “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,” Vestager told a news conference. “These are very early days and we haven’t formally opened a case. We are trying to make sure that we get the full picture.” Seattle-based Amazon had no immediate comment. Vestager has the power to fine companies up to 10 percent of their global turnover for breaching EU antitrust rules.
User avatar
smix
 
Posts: 2117386
Images: 1
Joined: Sat Aug 10, 2013 8:05 am
Blog: View Blog (0)

  • Similar Topics
    Replies
    Views
    Last post

Return to Business Regulation, Licenses, Taxation, Tariffs, Antitrust


Mobile Device
  • 1
  • FREE CLASSIFIED ADS
    Free Classified Ads
    There are 3 ways to advertise - your choice: you can place free ads in a forum topic, in the classified display ads section, or you may start your own free blog. Please select the appropriate category and forum for the ad content before you post. Do not spam.
    Caveat emptor - let the buyer beware. Deal at your own risk and peril.
  • Advertisement