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VRSS | All | Report: Amazon is likely to face an EU antitrust investigation n |
November 21, 2024 3:45 PM |
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Feed: Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics Feed Link: https://www.engadget.com/ --- Title: Report: Amazon is likely to face an EU antitrust investigation next year Date: Thu, 21 Nov 2024 21:45:56 +0000 Link: https://www.engadget.com/big-tech/report-amaz... 2025 could be a tense year for Amazon. Reuters reports that, according to its sources, Amazon ΓÇ£will likelyΓÇ¥ be investigated by the European Union (EU) for violating the Digital Markets Act (DMA) by allegedly promoting and offering its own products ahead of others in its online store. The decision to launch the investigation will be made by incoming EU antitrust chief Teresa Ribera. Her term will start next month following outgoing chief Margrethe Vestager, who is stepping down after serving two terms. Amazon denies that it violated the DMA. The EUΓÇÖs antitrust regulators launched an investigation into Apple, Meta and Google in March over issues such as fees and preferential presentation of its own apps on its online stores. The European Commission also hinted that it might be looking into AmazonΓÇÖs business practices under the new laws. The DMA took effect last year and establishes criteria for large online platforms to ΓÇ£behave in a far way online and leave room for contestability,ΓÇ¥ according to the EUΓÇÖs website. The guidelines prevent big tech companies like Amazon from giving preferential treatment to their own products and services on their platforms. This article originally appeared on Engadget at https://www.engadget.com/big- tech/report-amazon-is-likely-to-face-an-eu-antitrust-investigation-next-year- 214556510.html?src=rss --- VRSS v2.1.180528 |
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