Austrian retailers have filed a complaint against Amazon with their national competition authority over the US e-commerce giant’s dual role as a retailer and a marketplace. The European Commission and Germany’s antitrust authority are also looking into Amazon’s role in the market. A spokesman for Amazon declined to comment. “We have received a complaint. We […]
In a poll of New Yorkers on whether they support or oppose Amazon’s plans to build a new headquarters in the Long Island City area of Queens, the majority said they support Amazon, according to a report by Reuters. They do have some trepidations, however, as polled residents were split over the finer points of […]
The Federal Cartel Office, Germany’s antitrust authority, has rolled out an inquiry into Amazon and whether or not it is using its dominance in the market to harm third-party retailers that sell products through its website as a marketplace member. According to a report in Reuters citing the regulator, the Federal Cartel Office announced Thursday, […]
AT&T, Facebook, and Amazon are padding their antitrust expertise by poaching from the government, reported Bloomberg. All three tech giants have recently hired top Justice Department (DOJ) Antitrust Division lawyers. The hirings could hinder the Department’s antitrust enforcement powers at a time when large tech companies’ market dominance is coming under greater scrutiny. But adding […]
Jeff Bezos has declared that Amazon is “not too big to fail,” in an all-hands meeting of the company’s staff held last Thursday, November 15, at the firm’s base in Seattle. “I predict one day Amazon will fail. Amazon will go bankrupt,” the billionaire said, replying to an employee who asked him about the company’s […]
Amazon picked America’s financial and political capitals for massive new offices on Tuesday, November 13, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, DC. The world’s largest online retailer plans to spend US$5 billion on the two […]
President Trump is considering antitrust actions against Silicon Valley giants as a means of regulation, he told Axios on HBO in an interview aired Sunday, November 4. “I do have a lot of people talking about monopoly when they mention those three in particular,” Trump said about Google, Facebook, and Amazon. The president continued, “we […]
The UK is implementing a first-of-its-kind tax on locally generated revenue by large technology firms, including Google, Amazon, and Facebook. According to the Wall Street Journal, dozens of other countries have been looking into similar taxes on digital services sold by these companies in an attempt to capture more revenue from online businesses. “It’s clearly […]
On Wednesday, October 24, Israel antitrust commissioner Michal Halperin said she would favor e-commerce giant Amazon setting up shop in Israel as a local e-commerce retailer, which she predicted would lower consumer prices in the country, but she said steps would have to be taken if Amazon curbed competition in the country. Amazon already dispatches […]
eBay.com filed a lawsuit againts Amazon on Wednesday, October 17, in which it contends Amazon illegally stole sellers from its own marketplace. The Wall Street Journal, citing the lawsuit which was filed in Santa Clara County in California, reported eBay alleges Amazon has over the past several years “perpetrated a scheme to infiltrate and exploit […]