In a statement, Andreas Mundt, FCO president, said the determination means it will be able to “intervene and prohibit potential anticompetitive practices of Amazon more effectively” - and engage in “parallel traditional oversight over abuse of dominance.” And in a further development today, the FCO has confirmed that Amazon does meet the threshold for the ex ante powers to apply, concluding the tech giant is dominant in regard to its marketplace services for third-party sellers. Since last year the FCO has also been assessing whether Amazon meets the threshold for special abuse controls, following an update to domestic competition law that’s intended to target digital giants’ market power. now that it has left the European Union.” Although it goes on to add that it will “seek to liaise” with EU counterparts as its own investigation progresses.Īmazon has faced other antitrust action in the region - previously agreeing to make tweaks to the terms it offers sellers following an intervention by Germany’s Federal Cartel Office (FCO). The CMA’s press release also makes a point of noting that the Commission probe into “similar concerns” does not cover “ongoing issues affecting the U.K. probe, however, since the country is now outside the EU’s competition regime. Today it also emerged that the EU investigation could be on the cusp of being resolved, per a report in the FT - which suggests Amazon will offer to share more data with rivals and give buyers a wider choice of products in order to settle the EU’s action.Įarlier this month, Reuters also reported that Amazon was offering to share data and boost the visibility of rivals’ products in a bid to avoid an EU antitrust fine.Īlthough there’s been no official word from the Commission on a resolution, as yet.Īny deal offered by Amazon to EU regulators may not affect the U.K. We will work closely with the CMA to show that we, above all else, continue to earn the trust of our customers” More than 65,000 small and medium-sized business in the UK sell on Amazon, which support more than 175,000 jobs across the country and provide a great experience and choice for customers. “We have always worked to offer leading choice, price and convenience for customers. Update: The company has now sent this statement: Any loss of competition is a loss to consumers and could lead to them paying more for products, being offered lower quality items or having less choice.Ī formal investigation will allow us to consider this matter properly.Īmazon was contacted for comment on the U.K. businesses use Amazon to sell their products and it is important they are able to operate in a competitive market. ![]() This is an important area so it’s right that we carefully investigate whether Amazon is using third-party data to give an unfair boost to its own retail business and whether it favours sellers who use its logistics and delivery services – both of which could weaken competition. rely on Amazon’s services for fast delivery of all types of products at the click of a button.
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