EU accuses Amazon of unfair advantage
The European Commission says the US tech giant damages competition for smaller online merchants
10 November 2020 - 16:38
Brussels — The EU has charged Amazon with damaging retail competition, accusing the US company of using its size, power and data to give it an unfair advantage over smaller merchants that sell on its online platform.
The move on Tuesday by European competition commissioner Margrethe Vestager, the latest European salvo against US tech giants, comes at a time when the Covid-19 pandemic has amplified Amazon’s role in the global economy, with online sales soaring in lockdowns...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.