Amazon, the world's largest online retailer, could face an EU antitrust investigation within days over its use of merchants' data, a person ...
BRUSSELS: Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants' data, underlining regulators' increasing focus on how tech companies exploit customer information.
European Competition Commissioner Margrethe Vestager, who can fine companies up to 10per cent of their global turnover, said the issue was crucial as more and more Europeans shop online. The EU probe has some parallels with the Commission's investigation of Google for giving illegal advantage in search results to its own comparison shopping service, Ian Giles, a partner at Norton Rose Fulbright, said.
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