EU investigates Amazon over alleged antitrust violations

9/20/2018 5:36:00 AM

Source: Business Insurance

Margrethe Vestager, the European Union’s competition commissioner, said that the trade bloc has started a preliminary investigation into U.S.-based Amazon.com Inc. over potential antitrust violations, Fox Business reported citing media sources. Ms. Vestager said that the regulator is investigating whether the company is using data from third-party sellers for its own calculations related to customer demands and offers.