EU competition division has Amazon in its sights
A formal investigation into Amazon may be days away for it unfairly using sales data to undercut smaller shops on its Marketplace platform
16 July 2019 - 14:54
Brussels — Amazon is to be investigated by the EU as the bloc’s anti-trust chief Margrethe Vestager prepares for a summer finale to her five-year crackdown on US tech giants.
The Dane, who heads the EU’s competition division, is poised to open a formal investigation into Amazon within days, according to two people familiar with the case, who asked not to be named because the process isn’t public. Vestager has hinted for months that she wants to escalate a preliminary inquiry into how Amazon may be unfairly using sales data to undercut smaller shops on its Marketplace platform...
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