AMAZON OFFERS CONCESSIONS TO HEAD OFF EU ANTITRUST CASES
Techlife News|Techlife News #559
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.
AMAZON OFFERS CONCESSIONS TO HEAD OFF EU ANTITRUST CASES

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 them from “interested parties.”

The commission launched an investigation four years ago over concerns Amazon breached EU competition rules by using data from merchants selling products on its platform to gain an unfair advantage over them.

It also opened a separate investigation into whether Amazon favors its own retail business and merchants that use its logistics and delivery system over other sellers.

The investigations are part of the bloc’s wider efforts to curb the power of big technology companies.

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