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EU charges Amazon with breaching competition rules

US e-commerce giant accused of using non-public independent seller data to its benefit

News Service
16:20 - 10/11/2020 Tuesday
Update: 16:21 - 10/11/2020 Tuesday
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File photo
File photo

The European Commission has charged US e-commerce giant Amazon with breaking competition rules in online retail markets.

"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 sellers," it said in a statement on Tuesday.

The commission also opened a second formal antitrust investigation into the possible preferential treatment of Amazon's retail offers and those of marketplace sellers that use its logistics and delivery services.

#Amazon
#competition
#European Commission
3 years ago