The impending E.U. investigation is likely to focus on how Amazon uses data from third-party sellers
—who has sued so many tech companies that Presidentof “hating the United States”—is now putting Amazon in the crosshairs for their practices related to third-party sellers. A formal, “full-blown” antitrust investigation into the company is likely to start “within days,” sources reported.
, as the company hasfor allegedly using data from third-party sellers who use the retail platform to create their own similar, competing merchandise through the company's AmazonBasics brand. “If powerful platforms are found to use data they amass to get an edge over their competitors, both consumers and the market bear the cost,”, communications director at European consumer organization BEUC, told Bloomberg.
The E.U. report caps off an already troubling day for Amazon, as lawmakers back at home similarly targeted the company for its potential antitrust violations. Amazon took part in
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