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Competition Commissioner - Amazon Illegally Abused Its Position

EU COMMISSION

European Commissioner for Competition Margarethe Vestager tweets "We reached the preliminary conclusion that Amazon illegally has abused its dominant position as a marketplace service provider in Germany & France. Amazon may have used sensitive data big scale to compete against smaller retailers. Now for Amazon to respond."

  • Full press release: https://ec.europa.eu/commission/presscorner/detail...
  • Statement says that, "The European Commission has opened a formal antitrust investigation to assess whether Amazon's use of sensitive data from independent retailers who sell on its marketplace is in breach of EU competition rules."
  • The timing of the EU's announcement is something to note. Just as a new US administration is due to take over in 3 months, the EU launches proceedings against one of the largest US companies operating globally. EU seeking better relations with US after Trump era, but will this lead to souring before Biden even takes office?

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