Posted on

Amazon Moves to End Long-Running E.U. Antitrust Case



Share

Amazon on Thursday tried to end a three-year investigation by antitrust regulators in the European Union by offering to make a series of changes to its business practices and give rival merchants an easier way to reach customers on its website.Amazon has been under investigation for improperly using its dominance in e-commerce to box out competitors. The authorities had accused the company of gathering nonpublic data about independent merchants to inform its own product offerings, and unfairly using Amazon Prime to force sellers to use its logistics business.On Thursday, the European Commission, the executive branch of the 27-nation bloc, said Amazon had vowed to stop collecting nonpublic data about merchants that it competes with, including infor …

Read More