Amazon may have to tweak proposals for ending business practices probes, EU's Vestager says

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BRUSSELS : Amazon may have to tweak its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday following feedback from third parties on the issue.In July the U.S. online retailer said it would set up a data silo, preventing its retail arm from

BRUSSELS : Amazon may have to tweak its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday following feedback from third parties on the issue.

It will also end preferential treatment for itself and treat sellers equally when ranking their offers for the"buy box" on its website that generates the bulk of its sales. A group of 11 non-governmental bodies and pan-European consumers' organisation BEUC have criticised Amazon's offer, urging the European Commission to demand adjustments to it.

Vestager also addressed the European Commission's investigation of Alphabet Google's digital advertising business, saying she was cooperating with her U.S. counterpart on the issue.

 

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