Amazon Probe Opened by German Antitrust Watchdog

Amazon Probe Opened by German Antitrust Watchdog
Advertisement

Germany's antitrust authority has launched an investigation into whether US e-commerce giant Amazon is exploiting its market dominance in its relations with third-party retailers who use its website as a marketplace.

The Federal Cartel Office said in a statement on Thursday that it had received many complaints from traders about the business practices of Amazon of late.

"Amazon acts as a kind of 'gatekeeper' to customers. The double role as biggest trader and biggest marketplace means there is a potential to impede other traders on the platform," said cartel office President Andreas Mundt.

Mundt said the investigation would seek to examine business conditions that Amazon imposes on the traders which use its site, including a lack of transparency over terminations, delayed payments and shipping conditions.

Amazon's German division was not immediately available for comment.

Germany is Amazon's second biggest market. It has faced a long-running battle with unions in the country over pay and conditions for logistics workers, who staged another round of strikes last week.

The country's antitrust watchdog is also investigating Facebook after finding that the social media giant abused its market dominance to gather data on people without their knowledge or consent.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Amazon, Germany
Realme 2 Pro vs Realme U1: What's New and Different in the Realme U1?
ISRO Says GSAT-11, India's Heaviest Communication Satellite, to Be Launched on December 5
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »