General

EU Regulators Question Online Retailer Amazon’s Data Usage

Author : NewsGram Desk

EU regulators are quizzing merchants and others on U.S. online retailer Amazon's use of their data to discover whether there is a need for action, Europe's antitrust chief said on Wednesday.

The comments by European Competition Commissioner Margrethe Vestager came as the world's largest online retailer faces calls for more regulatory intervention and even its potential break-up because of its sheer size.

A member of the media takes pictures of the parabolic antennas of the ALMA (Atacama Large Millimetre/Submillimetre Array) project at the El Llano de Chajnantor in the Atacama desert , some 1,730 km (1,074 miles) north of Santiago and 5,000 meters above sea level. VOA

Vestager said the issue was about a company hosting merchants on its site and at the same time competing with these same retailers by using their data for its own sales.

"We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to understand this issue in full," Vestager told a news conference.

The logo of Amazon, the online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

"These are very early days and we haven't formally opened a case. We are trying to make sure that we get the full picture."

Seattle-based Amazon had no immediate comment.

Vestager has the power to fine companies up to 10 percent of their global turnover for breaching EU antitrust rules. (VOA)

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

From a quiet life to the terror of armed gangs: The story of Haiti’s Kenscoff district

Blackmailing allegation, LIC transfers, and a defamation lawsuit: Mapping the ugly dispute between BJP MP Nishikant Dubey and former finance secy Subhash Garg

From Hansie Cronje to Brendan Taylor: 5 cricketers who ruined their sparkling careers through match-fixing, controversies and corruption allegations

This village near Shimla follows 400-year-old ‘patthar ka khel’ ritual a day after Diwali, where two groups throw stones at each other

Sonia Gandhi reveals in her personal memoir how Pranab Mukherjee sought a “change at the top”, hinting at his desire to become the Prime Minister of India