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EU To Announce Formal Antitrust Charges Against Amazon: Source

Published on Nov 10 2020 10:59 AM in Technology tagged: Trending Posts / Amazon / EU / European Commission / Antitrust Charges

EU To Announce Formal Antitrust Charges Against Amazon: Source

The European Commission is expected to file formal antitrust charges against Inc on Tuesday over its dual role as a marketplace for merchants and as a retailer competing to sell the same products, according to a source familiar with the matter.

EU antitrust chief Margrethe Vestager has scheduled a 12:30 CET (11:30 GMT) news conference without specifying the subject.

Data Use

The Financial Times earlier reported that Vestager will announce formal antitrust charges against Amazon on Tuesday over how it uses data about the merchants on its platform.

The European Commission declined to comment.

Reuters last month reported that EU antitrust regulators may narrow the scope of their year-long investigation into Amazon to speed up the case.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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