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

Bipartisan SCAM Act would require online platforms to crack down on fraudulent ads

Bipartisan SCAM Act would require online platforms to crack down on fraudulent ads

Without meaningful deterrents, Big Tech companies will do what’s profitable, regardless of the cost to consumers. But a new bipartisan bill could add a check that would make them think twice, at least in one area. On Wednesday, Senators Ruben Gallego (D-AZ) and Bernie Moreno (R-OH) introduced legislation that would require social platforms to crack … Read more

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