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Business & Technology

Amazon Facing Antitrust Probe In EU Over Use Of Marketplace Data

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Amazon Facing Antitrust Probe In EU Over Use Of Marketplace Data

2019-07-18 07:30:161 Oct 2018 01:53 AM EST

The European Union is planning an antitrust investigation into e-commerce giant Amazon over its treatment of third-party merchants that rely on the company’s marketplace to sell goods, the Wall Street Journal reported on Wednesday. According to the Journal, the EU investigation follows a settlement between Amazon and authorities in Germany on third-party merchants that resulted in the company agreeing to change parts of its terms of service, including delivering notice 30 days before suspending accounts and “reducing confidentiality stipulations for sellers.”

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