Amazon again accused of monopoly practices in the EU

The European Commission is again accusing Amazon of abusing its dominance in online retail markets, and is launching a second investigation into the business group of the large US group. European antitrust authorities will also consider whether Amazon offers preferential treatment to sellers using its own supply chain and distribution services. Companies with “commercial power” should not “distort competition” “Amazon, however, has denied the allegations, saying it offers consumers a wider, not narrower, choice.” Amazon accounts for less than 1% of global retail, and in all countries. where we operate there are bigger “Retail” refers to the group’s announcement, which also states that more than 150,000 European companies sell products through its platform. The investigation against Amazon for violation of competition rules began in July 2020 following complaints from merchants. guilty, faces a fine of up to 10% of its global turnover, about $ 19 billion. Follow it on Google News and be the first to know all the news See all the latest News from Greece and the World, at

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *