published on November 29, 2018 - 1:01 PM
Written by Associated Press

(AP) – Germany’s antitrust agency said Thursday it has begun an investigation of online retailer Amazon over complaints it’s abusing its position to the detriment of sellers who use its “marketplace” platform.

The Federal Cartel Office, or Bundeskartellamt, said Amazon’s “double role as the largest retailer and largest marketplace has the potential to hinder other sellers on its platform.”

“Because of the many complaints we have received we will examine whether Amazon is abusing its market position to the detriment of sellers active on its marketplace,” said agency head Andreas Mundt. “We will scrutinize its terms of business and practices toward sellers.”

The German investigation will “supplement” an ongoing European Commission investigation into Amazon’s use of data to the possible disadvantage of marketplace sellers, with a focus strictly on terms of business and practices toward sellers on its German Amazon marketplace, the office said.

Amazon said it could not comment on ongoing proceedings.

“However, we will cooperate fully with the Bundeskartellamt and continue working hard to support small and medium-sized businesses and help them grow,” the company said.


e-Newsletter Signup

Our weekly poll

Are you willing to travel for business again?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $69 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY