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Antitrust investigation against Amazon was started

admin by admin
July 1, 2020
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Antitrust investigation against Amazon was started
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Antitrust investigation against Amazon nachlesen Saveliev | 17.07.2019

Антимонопольное расследование в отношении Amazon началось

Wednesday, June 17, on the European Commission website there was a message on the beginning of Antimonopoly investigation against Amazon. The goal marked the intention to determine if this action violates company
competition rules of the EU, using the confidential data of its competitors in the retail sector.

The study will focus on standard agreements Amazon with sellers on its marketplace and use the data to select the winners of the “box shopping”, which subsequently affect
on the ability of consumers. The whole process underlines the attention of the regulatory authorities how technical companies use customers ‘ information.

Amazon announced that it intends to cooperate with the competition authorities of the EU.

“European consumers increasingly make purchases on the Internet. E-Commerce increased competition in retail trade, provided more choice and better prices. We have
make sure that the major online platforms did not eliminate these benefits for its anticompetitive behavior,” said Commissioner Margret Vestager, responsible for policy
competition.

In the case of confirmation of the investigated practice may violate the competition rules of the EU under article 101 and / or article 102 TFEU, i.e. the rules about antisecurity agreements and abuse of dominant
position.

The fact that the Amazon marketplace has a dual role, combining the functions and retailers, and trading platforms. Providing a platform for independent sellers, the company continuously collects data
activity on its platform. At the moment, the Commission suspects that Amazon seems to be using confidential information about the sellers, their products and deals on the market. In General
also reulator trying to understand where the market still works Amazon: for General retail or in your own niche.

However, in Germany, the giant managed to conclude an agreement with the regulator on completion of a seven-month investigation, as the company agreed to revise the terms of service for third-party
sellers. The changes will affect the markets of UK, France, Italy, Spain, and other sites in America and Asia.

This is not the first clash Amazon of this plan. Two years ago she was ordered to return to Luxembourg taxes in the amount of about 250 million euros (280,35 million dollars) due to illegal
tax benefits. In the same year, she agreed with the regulator about the spread of electronic books in Europe.

In addition to the Amazon, under the distribution can get Facebook, Apple and Google, as the company has recently been actively
complain the rest of the market.

antitrust regulation

Journal: Journal IT-News, Subscription to magazines

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