Amazon, the world's largest online retailer, could face an EU antitrust inv...
FILE PHOTO: The company's logo outside an Amazon pop-up store in Berlin, Germany, November 22, 2018. REUTERS/Fabrizio Bensch/File Photo
The European Commission has been seeking feedback from retailers and manufacturers since September last year, one of several competition enforcers taking a deeper look into Amazon’s business practices amidst calls by some for its break-up. The Commission had been struggling to define the market in which Amazon operates in order to identify where the competitive harm could have been, other sources said. They said the issue was whether to look at Amazon in the overall retail market or in its own niche.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retailers should thank Amazon: Adobe estimates the size of a Prime Day bumpOn Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion in annual revenues saw a 64% increase in their digital sales compared with an average Monday, according to Adobe Analytics.
Read more »
Amazon reportedly faces antitrust probe in EUEU Competition Commissioner Margrethe Vestager is preparing to launch a full probe into Amazon in the coming days, Bloomberg reported.
Read more »
Von der Leyen faces crucial vote in quest to lead EU executiveVon der Leyen will address the 751-member European Parliament at 0700 GMT, to be followed by a debate and a secret ballot at 1600 GMT.
Read more »
Von der Leyen faces crucial vote in quest to lead EU executiveGermany's Ursula von der Leyen faces a make-or-break vote on Tuesday in her...
Read more »
Prime Day Shocker: Amazon Facing “Full Blown” Antitrust ProbeThe E.U.'s investigation into how Amazon competes with its third-party sellers could begin “within days.”
Read more »
How Amazon Prime Day became the shopping Super BowlThis year, the discount event runs for two full days. Amazon says it will launch new deals as often as every five minutes. The company’s global sales for Prime Day are expected to reach nearly $6 billion over the two days.
Read more »