EU to investigate Amazon over possible anti-competitive business practices

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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.

 

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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?'

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