The European Commission Levels Antitrust Charges Against Amazon

By Sheridan Fifer

Following an investigation that was announced last year, the European Commission is leveling antitrust charges against Amazon. Specifically, Amazon is accused of using non-public marketplace seller data to benefit its own retail business at the expense of its third-party sellers in France and Germany, its biggest markets in the European Union. Should Amazon be found guilty, the fine could be as high as 10% of its annual global revenue, amounting to billions of dollars. 

The Commission also announced a second antitrust investigation, which will examine whether Amazon gives special treatment to its own retail offers and those of sellers who use its logistics and delivery services. 

Amazon’s Marketplace platform, which now accounts for over half of its physical merchandise sales, has been attracting scrutiny for years.

Read the full story at The Verge.