Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
July 16, 2019 02:45 pm

Amazon in EU Crosshairs as Vestager Fights Big Tech To the End

Amazon.com faces a full-blown European Union antitrust probe as the bloc's competition chief Margrethe Vestager prepares for a summer finale to her five-year crackdown on U.S. technology giants. From a report: 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 wanted to escalate a preliminary inquiry into how Amazon may be unfairly using sales data to undercut smaller shops on its Marketplace platform. By ramping up the probe, officials can start to build a case that could ultimately lead to fines or an order to change the way the Seattle-based company operates.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Fonq1t5tRMw/amazon-in-eu-crosshairs-as-vestager-fights-big-tech-to-the-end

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