Business Standard

Saturday, December 28, 2024 | 03:45 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Amazon faces German competition watchdog probe in latest Europe setback

Amazon's business practices under fire from retailers and manufacturers selling goods through its German website amazon.de.

Amazon
Premium

Amazon logo on the facade of one of their office buildings located in Silicon Valley, San Francisco bay area | Photo: Shutterstock

PTI I AFP
German regulators on Thursday opened a probe into whether e-commerce giant Amazon was abusing its dominant position to obstruct competition from rival sellers on its online platform.

The Federal Cartel Office said it would look closely at Amazon's business practices after receiving "many complaints" from retailers and manufacturers selling goods through its German website amazon.de.

"Amazon functions as a kind of 'gatekeeper' for customers", Andreas Mundt, head of Germany's Federal Cartel Office, said in a statement.

"Its double role as the largest retailer and largest marketplace has the potential to hinder other sellers on its platform." The probe is the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in