- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

German Antitrust Watchdog Opens Probe Into Amazon

© AFP 2023 / EMMANUEL DUNANDAmazon logo
Amazon logo - Sputnik International
Subscribe
MOSCOW (Sputnik) - Germany’s antitrust regulator, Bundeskartellamt, has opened a probe into whether US online retail giant Amazon discriminated against smaller local sellers.

'The Bundeskartellamt has today initiated an abuse proceeding against Amazon to examine its terms of business and practices towards sellers on its German marketplace amazon.de', it said in a statement.

The watchdog’s chief, Andreas Mundt, said his agency had received numerous complaints from sellers about Amazon’s business practice in the recent past.

'Amazon functions as a kind of "gatekeeper" for customers. Its double role as the largest retailer and the largest marketplace has the potential to hinder other sellers on its platform', Mundt was quoted as saying in the statement.

READ MORE: Amazon Exposes Users' Mails, Data Over 'Technical Error'- Reports

Amazon founder Jeff Bezos. File photo - Sputnik International
Amazon Head Bezos Loses More Than $19 Bln in Two Days, Leaves Zuckerberg Behind
The retailer will be checked for including unfair liability provisions in its terms of service, non-transparent termination of sellers’ accounts and payment delays.

The German investigation doubles up on a probe into Amazon’s collection and use of transaction data by the European Commission, which quizzed several hundred German retailers last summer.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала