Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 19, 2018 05:34 pm

EU's Antitrust Commissioner Opens Preliminary Probe into Amazon

European Competition Commissioner Margrethe Vestager has begun questioning merchants on Amazon's use of their data, Vestager said Wednesday. The issue, she said, is whether Amazon is using data from the merchants it hosts on its site to secure an advantage in selling products against those same retailers. From a report: "These are very early days and we haven't formally opened a case. We are trying to make sure that we get the full picture," Vestager said during a news conference Wednesday. The probe comes as the world's largest online retailer faces growing calls for regulation. Investors and insiders have long cited Amazon's size and reach as reason to break the company up. President Donald Trump has hinted at antitrust action against Amazon as part of continued attacks against CEO Jeff Bezos, who also owns The Washington Post. U.S. Attorney General Jeff Sessions was set to meet this month with state officials to discuss antitrust concerns in Silicon Valley, though much of the regulation on Big Tech thus far has come out of Brussels.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/HS1O-xJPl9E/eus-antitrust-commissioner-opens-preliminary-probe-into-amazon

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot