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Amazon charged with abusing online retail competition

13 days ago   |   By

Amazon has been charged with damaging retail competition by the European Union. The company's sheer size and dominant position in online retail has seen it abuse an unfair advantage over competitors.
The BBC said Amazon had used data on third-party sellers that use its marketplace to boost sales of its own-label goods.
According to European Competition Commissioner Margrethe Vestager, the American retail giant is using its size, power and data to give it an unfair advantage over smaller merchants that sell on its online platform.
The European Commission has been investigating Amazon's dual...
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EU accuses Amazon of antitrust violation

13 days ago   |   By

The European Commission has brought antitrust charges against Amazon, accusing the retail giant of abusing its dominance and using its access to data to gain an advantage over third-party sellers.
As a marketplace service provider, Amazon has access to private business data of its third-party sellers such as the number of ordered and shipped units of products, revenues, the number of visits to sellers' offers, shipping data, product performance and more.
The commission said its preliminary findings show that “very large quantities of non-public seller data are available to employees of...
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