Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of ...
FRANKFURT: Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer.
Responding, Amazon said the changes to its Business Solutions Agreement would clarify the rights and responsibilities of selling partners that account for 58per cent of physical merchandise sales on its platform. Facebook has challenged that decision, in contrast to Amazon which came to a relatively quick understanding with the German regulator. No fines had been foreseen in the Amazon case.At issue is the power of so-called platform companies that provide a venue for others, for example, to sell new or second-hand books.
Merchants using its European marketplaces will be able, in certain circumstances, to take Amazon to court in their own country, whereas before this was only possible in Luxembourg - a deterrent for small-time traders.
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