Amazon settlement with EU antitrust regulators possible by year end, sources
2 years, 1 month ago

Amazon settlement with EU antitrust regulators possible by year end, sources

The Hindu  

U.S. online retail giant Amazon may be able to end two EU antitrust investigations by the end of the year after tweaking concessions to address concerns over its use of sellers' data, two people familiar with the matter said on Friday. Faced with charges of using its size, power and data to push its own products to gain an unfair advantage over rival merchants that also use its platform, Amazon in July offered to refrain from using sellers' data for its own competing retail business and its private label products. "It is possible an EU decision will come by the end of the year," the person said. The company's other concession is equal treatment of sellers when ranking their offers for the "buy box" on its website that generates the bulk of its sales.

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History of this topic

Amazon to win unconditional EU nod for iRobot deal
1 year, 1 month ago

Amazon to win unconditional EU nod for iRobot deal

The Hindu  

Amazon is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot, three people familiar with the matter said on Thursday. Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies and big players leveraging their …

FTC to file antitrust case against Amazon as soon as Tuesday
1 year, 3 months ago

FTC to file antitrust case against Amazon as soon as Tuesday

The Hindu  

September 23, 2023 09:19 am | Updated 09:50 am IST The Federal Trade Commission will file a long-awaited antitrust lawsuit against Amazon in federal court as soon as Tuesday, Politico reported on Friday, kicking off the latest leg in the US effort to rein in the market power of Big Tech companies. The legal action, which would follow federal lawsuits …

FTC may file suit against Amazon later this month: Report
1 year, 4 months ago

FTC may file suit against Amazon later this month: Report

The Hindu  

The U.S. Federal Trade Commission may file a lawsuit later this month against Amazon.com after the company did not offer concessions to settle antitrust claims, the Wall Street Journal reported, citing people familiar with the matter. The lawsuit will target the company's logistics program, Fulfillment by Amazon, pricing on its website by third-party sellers and will suggest "structural remedies" that …

Amazon agrees to settle EU antitrust cases, avoiding fines
2 years ago

Amazon agrees to settle EU antitrust cases, avoiding fines

Live Mint  

Amazon.com Inc. agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers on its platform, ending some of the bloc’s most advanced cases targeting a U.S. tech company. The European Commission, the EU’s top competition regulator, has pursued other antitrust cases against companies including Apple Inc., Alphabet Inc.’s Google and Meta Platforms Inc., …

Amazon to make big business changes in EU settlement
2 years ago

Amazon to make big business changes in EU settlement

Associated Press  

Amazon will make major changes to its business practices to end competition probes in Europe by giving customers more visible choices when buying products and, for Prime members, more delivery options, European Union regulators said Tuesday. “Today’s decision sets the rules that Amazon will need to play by in the future instead of Amazon determining these rules for all players …

Amazon agrees to settle EU antitrust cases, avoiding fines
2 years ago

Amazon agrees to settle EU antitrust cases, avoiding fines

Live Mint  

Amazon.com Inc. agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers on its platform, ending some of the bloc’s most advanced cases targeting a U.S. tech company. The online retailer won’t pay a fine as part of the settlement, something it first proposed in July, but it will be forced for up …

Amazon offers concessions to head off EU antitrust cases
2 years, 5 months ago

Amazon offers concessions to head off EU antitrust cases

Associated Press  

LONDON — Amazon, seeking to resolve two European Union antitrust investigations, has promised to treat third-party merchants on its website fairly, the bloc’s competition watchdog said Thursday. The U.S. online retail giant offered to make a number of commitments to ease competition concerns, and the European Commission, the 27-nation bloc’s top antitrust enforcer, said it will now seek feedback on …

Amazon offers concessions to head off European Union anti-trust case
2 years, 5 months ago

Amazon offers concessions to head off European Union anti-trust case

The Hindu  

Amazon, seeking to resolve two European Union anti-trust investigations, has promised to treat third-party merchants on its website fairly, the bloc's competition watchdog said on July 14. The U. S. online retail giant offered to make a number of commitments to ease competition concerns, and the European Commission, the 27-nation bloc's top antitrust enforcer, said it will now seek feedback …

Amazon offers to share data, boost rivals to dodge EU antitrust fines
2 years, 6 months ago

Amazon offers to share data, boost rivals to dodge EU antitrust fines

The Hindu  

Amazon has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year, people familiar with the matter said. The European Commission in 2020 charged Amazon with using its size, power and data to push …

Amazon Fined $1.3 Billion In Italian antitrust case
3 years, 1 month ago

Amazon Fined $1.3 Billion In Italian antitrust case

Live Mint  

MILAN—Italy’s antitrust regulator fined Amazon.com Inc. $1.3 billion, saying it harmed competitors by favoring third-party sellers that use the company’s logistics services, a decision that ramps up scrutiny of tech giants by antitrust regulators globally. In addition to the fine, the Italian regulator ordered Amazon to offer “fair and nondiscriminatory standards" for listings from third-party sellers, which it would monitor …

EU regulators fine Amazon $886 million
3 years, 5 months ago

EU regulators fine Amazon $886 million

Associated Press  

NEW YORK — European regulators have fined Amazon 746 million euros for data protection violations. Amazon said in a regulatory filing on Friday that the Luxembourg National Commission for Data Protection issued a decision against the company earlier this month, claiming that its processing of personal data did not comply with the European Union general data protection regulation. In November …

Amazon wins EU court fight over $300 million tax ruling
3 years, 7 months ago

Amazon wins EU court fight over $300 million tax ruling

Associated Press  

BRUSSELS — In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between Amazon and Luxembourg’s government amounted to illegal state support. But judges at the EU’s General Court said the European Commission didn’t prove “to the requisite legal standard that there …

Amazon sues EU antitrust regulators for letting Italian case go ahead
3 years, 11 months ago

Amazon sues EU antitrust regulators for letting Italian case go ahead

The Hindu  

Amazon is suing EU antitrust regulators for allowing the Italian competition watchdog to pursue its own case against the U.S. online retail giant over the way it selects sellers, arguing that this should be wrapped into an EU investigation. Amazon took its case to the Luxembourg-based General Court, Europe's second-highest, on Tuesday, asking it to annul the EU's decision to …

EU move vs Amazon is latest in string of tech crackdowns
4 years, 2 months ago

EU move vs Amazon is latest in string of tech crackdowns

Associated Press  

LONDON — The European Union’s move to charge Amazon over alleged antitrust behavior is the bloc’s latest crackdown on U.S. tech giants. ___ APPLE June 2020: EU Commission opens two investigations into Apple’s mobile app store and payment platform over concerns its practices distort competition by limiting choice and innovation and keeping prices high. ___ GOOGLE 2020: The EU commission …

EU files antitrust charges against Amazon over use of data
4 years, 2 months ago

EU files antitrust charges against Amazon over use of data

Associated Press  

LONDON — European Union regulators filed antitrust charges Tuesday against Amazon, accusing the e-commerce giant of using its access to data from companies that sell products on its platform to gain an unfair advantage over them. The EU’s executive Commission also opened a second investigation Tuesday into whether Amazon favors product offers and merchants that use its own logistics and …

EU charges Amazon with anti-competitive action, opens second probe
4 years, 2 months ago

EU charges Amazon with anti-competitive action, opens second probe

The Hindu  

EU regulators charged Amazon on Tuesday with distorting competition in online retail and opened a second investigation into its business practices, as antitrust chief Margrethe Vestager takes aim at another U.S. technology giant. The European Commission has been investigating Amazon's dual role - as a marketplace for merchants and also a rival seller - since July last year, triggered by …

EU hits Amazon with antitrust charges. A huge fine could follow
4 years, 2 months ago

EU hits Amazon with antitrust charges. A huge fine could follow

CNN  

London CNN Business — The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company’s business practices. Margrethe Vestager, the European Commission’s top antitrust official, accused Amazon on Tuesday of illegally abusing its dominant position as an online marketplace in Germany and France, the company’s biggest …

Amazon Faces Antitrust Charges From European Regulators
4 years, 2 months ago

Amazon Faces Antitrust Charges From European Regulators

NPR  

Amazon Faces Antitrust Charges From European Regulators Enlarge this image toggle caption Eric Piermont/AFP/Getty Images Eric Piermont/AFP/Getty Images Updated at 3:06 p.m. is that the use of non-public marketplace seller data allows Amazon to avoid the normal risks of retail competition and to leverage its dominance in the market," the European Commission, the EU's top antitrust enforcer, said on Tuesday …

The EU's latest antitrust probe could hit Amazon where it hurts
5 years, 5 months ago

The EU's latest antitrust probe could hit Amazon where it hurts

Wired  

Amazon / WIRED Amazon is facing the wrath of the European Commission's scrupulous competition regulator. Margaret Vestager has opened an antitrust case against the online retailer's data practices around third party sellers. The Commission opened a preliminary investigation opened in October 2018 and has found evidence that Amazon might be using competitively sensitive information about marketplace sellers, their products and …

Amazon: European Commission launches antitrust investigation
5 years, 5 months ago

Amazon: European Commission launches antitrust investigation

CNN  

London CNN Business — The European Union will investigate how Amazon uses data from independent sellers, continuing an aggressive regulatory push that has already ensnared Google, Facebook and Apple. Margrethe Vestager, the European Commission’s top antitrust official, had previously signaled that she would examine whether the giant online retailer’s use of data violates competition rules. But she cautioned that “we …

Google, Amazon among those targeted in EU unfair practices digital rules
5 years, 10 months ago

Google, Amazon among those targeted in EU unfair practices digital rules

Live Mint  

Google, Amazon and other tech firms will have to tell companies how they rank their own or rival products on their platforms under new rules agreed by EU negotiators aimed at stopping unfair practices by online platforms and app stores. Google was hit with a 2.42-billion-euro EU antitrust fine in 2017 for favouring its own price comparison shopping service, while …

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