EU to File Antitrust Grievance Towards Amazon Over Remedy of Third Occasion Sellers: Report

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The European Union is planning on submitting formal antitrust costs towards Amazon over its therapy of third-party sellers, the Wall Avenue Journal reported on Thursday, citing folks acquainted with the matter.

The EU has been constructing its case and circulating a draft of the cost sheet for a few months and will formally file the fees as early as a subsequent week or the week after, the report added.

Amazon didn’t instantly reply to a request for remark.

Final month, Amazon stated it will make an “acceptable” govt out there to the US Home of Representatives Judiciary Committee to testify about allegations associated to how the corporate makes use of third-party sellers’ information.

The panel had referred to as on chief govt Jeff Bezos to testify. Amazon’s weblog late on Friday didn’t decide to a selected particular person or consideration for who might finally testify.

“We’ve got been working with the Committee in good religion for almost a yr to supply solutions and data, and we stay ready to make the suitable Amazon govt out there to the Committee to deal with these points,” Amazon stated within the weblog submit.

The Wall Avenue Journal reported the final month that the web retailer used information from its third-party sellers to create competing merchandise.

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