Amazon Germany fined $70 million for ‘influencing’ third-party Marketplace pricing
The Bundeskartellamt, or the Federal Cartel Office of Germany, has prohibited Amazon from continuing its practice of using mechanisms to control the prices charged by sellers on its platform in the country. Germany’s competition regulator explained that the company uses “various price control mechanisms” to review prices set by third-party Markerplace sellers. If the website … Read more