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Articles for Vestager, search results for amazon

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., …

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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 …

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Amazon may have to tweak proposals for ending business practices probes, EU regulator says
2 years, 3 months ago

Amazon may have to tweak proposals for ending business practices probes, EU regulator says

The Hindu  

Amazon may have to tweak its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday following feedback from third parties on the issue. In July the U.S. online retailer said it would set up a data silo, preventing its retail arm from using data from its marketplace to make competing private label …

Google Vestager
EU’s Vestager says no antitrust concerns yet about cloud computing
2 years, 8 months ago

EU’s Vestager says no antitrust concerns yet about cloud computing

The Hindu  

Cloud computing, in which Amazon and Microsoft are the biggest players followed by Alphabet's Google, doesn't pose competition concerns yet because of Europe's Gaia-X initiative, EU antitrust chief Margrethe Vestager said on Monday. The market power of the big companies has sparked unease at smaller rivals in recent years, with German software provider NextCloud, France's OVHcloud and two other companies …

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Rules to rein in power of Big Tech on the anvil in EU
2 years, 9 months ago

Rules to rein in power of Big Tech on the anvil in EU

The Hindu  

BRUSSELS - The European Commission aims to clinch a fast-tracked deal with EU lawmakers and countries by the end of March on new rules to rein in the powers of Alphabet's Google, Amazon, Apple, Facebook and Microsoft, Europe's antitrust chief said on Wednesday. Margrethe Vestager, who had proposed the Digital Markets Act more than a year ago with a list …

EU lawmaker says U.S. tech giants should be regulated where they are based
3 years, 2 months ago

EU lawmaker says U.S. tech giants should be regulated where they are based

The Hindu  

U.S. tech giants such as Apple, Google, Facebook and Amazon should be regulated by the EU country where they are based under proposed EU rules, a top lawmaker said on Tuesday, knocking back efforts by some countries to broaden the planned act's scope. The country of origin principle is set out in EU antitrust chief Margrethe Vestager's draft rules known …

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EU move vs Amazon is latest in string of tech crackdowns
4 years, 1 month 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 …

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EU files antitrust charges against Amazon over use of data
4 years, 1 month 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 …

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EU charges Amazon with anti-competitive action, opens second probe
4 years, 1 month 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 …

Amazon Vestager
EU hits Amazon with antitrust charges. A huge fine could follow
4 years, 1 month 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 Commission
Smart assistants are becoming gatekeepers to Digital Economy
4 years, 5 months ago

Smart assistants are becoming gatekeepers to Digital Economy

Live Mint  

The Apple Watch and the Siri digital assistant inside it; Amazon.com Inc’s Echo speakers and Alexa service; the data about eating habits recorded by internet-connected refrigerators -- all are potential targets in a European Union competition probe. Vestager’s probe is likely to examine issues such as Siri’s preference for using Apple Music rather than Spotify Technology SA’s service, and Amazon …

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