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

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

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The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentesmay 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.Vestager had given third parties until Sept. 9 to provide feedback before deciding whether to accept the proposals. "We are now in the process of assessing that feedback, some of which pointed to potential improvements on several points," Vestager told a conference in New York.Google's digital advertising business, saying she was cooperating with her U.S. counterpart on the issue.

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