EU to investigate Amazon over possible anti-competitive business practices

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The EU is set to investigate Amazon over possible anti-competitive business practices.

The investigation centers around Amazon's "dual role" as both a merchant and a marketplace.

EU Commissioner for Competition Margrethe Vestager addresses a press conference on two state aid cases at the European Commission in Brussels on October 4, 2017.to determine if the e-commerce giant's use of merchant data breaches competition rules, the European Commission said on Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MadMoneyOnCNBC Lol

Socialism... Tax, fine, spend... Repeat

All the EU seems to do is regulate and fine. Maybe they should ask themselves, 'Why don't we have an Amazon-like company within the EU?'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines