EU Launches In-Depth Probe On Amazon Over Data Use.
The EU’s powerful antitrust authority launched an in-depth investigation into Amazon on Wednesday, amid suspicions the US-based online behemoth misuses merchant data hosted on its website.
“I have… decided to take a very close look at Amazon’s business practices and its dual role as marketplace and retailer to assess its compliance with EU competition rules,” the EU’s anti-trust commissioner Margrethe Vestager said in a statement. The opening of a formal investigation procedure does not prejudge its outcome, but if fault is found the sanctions by the EU can reach up to 10 percent of sales.
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