14 C
Jaipur
Tuesday, November 24, 2020

German watchdog launches new investigation into Amazon: Report – Latest News

Must read

Hackers Arrested for Running Services To Bypass Antivirus Software

Romanian police forces have arrested two individuals this week, for allegedly running two malware crypting services like CyberSeal and DataProtector to escape antivirus software...

Google launches AI platform to help cities plant more trees – Latest News

As policy makers aim to plant more trees to increase shade on warming city streets globally, Google has launched Tree Canopy Lab that combines...

IEEE: Artificial Intelligence, Machine Learning, 5G and IoT will be most important tech in 2021 – Latest News

Artificial intelligence (AI), machine learning, 5G and Internet of Things (IoT) would be the most important technologies in 2021, according to a new study...

IT Minister launches international version of UMANG app – Latest News

The international version of the UMANG app was launched on Monday for select countries, including the US, UK, Canada, Australia, UAE, Netherlands, Singapore, Australia...

Germany’s anti-trust authority has launched an investigation into Amazon and Apple over possible anticompetitive behaviour, German Frankfurter Allgemeine Zeitung daily reported.

Amazon bans some third-party traders on its e-commerce platform from offering certain branded products, and Germany’s Federal Cartel Office is investigating whether this complies with German law.

“For some brands all merchants with the exception of Amazon itself and the respective brand manufacturer are excluded,” the paper quoted Cartel Office President Andreas Mundt as saying.

Amazon said that it is cooperating with the German authorities, adding it continuously invests to protect its store from illegitimate goods.

Apple said that it was following the law and was looking forward to sharing facts with the German competition authority.

The Federal Cartel Office was not immediately available for comment.

The agreements could offer protection against product piracy. However, bans of third-party dealers must “comply with the principle of proportionality and must not lead to the elimination of competition,” Mundt said.

The most prominent example is Amazon’s cooperation with mobile phone maker Apple, which only Apple dealerships and Amazon can offer on the platform, he said.

The new probe into Amazon’s treatment of third-party dealers comes after Germany’s competition watchdog in August launched an investigation of whether and how Amazon influences traders’ price-setting on its marketplace.

Germany is Amazon’s second-biggest market after the United States. In Germany, third-party traders accounted for 65% of sales in March to May 2020.

Last year, Amazon reached a deal with the German authority to overhaul its terms of service for third-party merchants, prompting the office to drop a seven-month investigation.

Source link

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Hackers Arrested for Running Services To Bypass Antivirus Software

Romanian police forces have arrested two individuals this week, for allegedly running two malware crypting services like CyberSeal and DataProtector to escape antivirus software...

Google launches AI platform to help cities plant more trees – Latest News

As policy makers aim to plant more trees to increase shade on warming city streets globally, Google has launched Tree Canopy Lab that combines...

IEEE: Artificial Intelligence, Machine Learning, 5G and IoT will be most important tech in 2021 – Latest News

Artificial intelligence (AI), machine learning, 5G and Internet of Things (IoT) would be the most important technologies in 2021, according to a new study...

IT Minister launches international version of UMANG app – Latest News

The international version of the UMANG app was launched on Monday for select countries, including the US, UK, Canada, Australia, UAE, Netherlands, Singapore, Australia...

How to create a Cloudwatch Event Rule in AWS

A near-real-time stream of system events that describe changes in AWS resources is delivered by CloudWatch Events. We can create a rule that matches...