Amazon Agrees to Modify Anti-Competitive Practices in Settlement with EU, New York Times Reports
15 Diciembre 2022 - 11:04AM
Noticias Dow Jones
-- Amazon.com has avoided billions of dollars of potential fines
by agreeing to make some changes to its business practices in a
settlement with European Union regulators, The New York Times
reports, citing unnamed sources.
-- The settlement, set to be announced on Dec. 20, will require
Amazon to give competitors equal access to valuable real estate on
its website, according to The New York Times.
-- The ecommerce company will also be barred from using
nonpublic information in relation to independent merchants, The New
York Times reports, adding that the settlement will end two
antitrust investigations in Europe.
Full article at https://cutt.ly/50bKUsB
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
December 15, 2022 11:49 ET (16:49 GMT)
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