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

“Peak Greenwashing”: Two Bills in Congress Endorse Misleading Recycling Claims

42 years since 1984 anti-Sikh riots: Understanding the causes, horrors and aftermath of the incident that Rajiv Gandhi called a “little” tremor 

When destiny had other plans for Madhubala and Dilip Kumar, but their love lasted forever; her sister reveals they are buried just metres apart

This museum in Bihar is ranked no. 1 in Asia and no. 9 among the world’s top 100 museums, outranking Paris’ Louvre

"Get us a bride or we’ll be on the roads,” Maharashtra youth warn the state government.