Just as we told you Google did last week, Amazon is now trying to settle a case with third-party vendors on its site in what appears to be an attempt to diffuse bigger antitrust cases down the road. According to The Verge, the EU opened an antitrust investigation into the e-commerce titan back in 2019 for “abusing its dual-position as both marketplace operator and retailer; using the sales data it collects from smaller vendors to outmaneuver them.” Now, Amazon is offering concessions both to the EU and third-party sellers that includes “refraining” from using non-public data from these independent sellers and adding a second “Buy Box” to product listings.
📦 Amazon Goes on the Defensive
📦 Amazon Goes on the Defensive
📦 Amazon Goes on the Defensive
Just as we told you Google did last week, Amazon is now trying to settle a case with third-party vendors on its site in what appears to be an attempt to diffuse bigger antitrust cases down the road. According to The Verge, the EU opened an antitrust investigation into the e-commerce titan back in 2019 for “abusing its dual-position as both marketplace operator and retailer; using the sales data it collects from smaller vendors to outmaneuver them.” Now, Amazon is offering concessions both to the EU and third-party sellers that includes “refraining” from using non-public data from these independent sellers and adding a second “Buy Box” to product listings.