Israeli cloud computing start-up CloudEndure has been acquired by Amazon Web Services (AWS), reported Reuters. The deal is estimated to be worth US$200-$250 million. “CloudEndure is now an Amazon Web Services company,” the start-up announced on its website. “CloudEndure is now an AWS company. This acquisition expands our ability to deliver innovative and flexible migration, […]
The Competition Commission of India (CCI) has sought details from Samara Capital on Amazon’s role in acquiring Aditya Birla Retail’s supermarket chain More to find out if the deal is in accordance with the center’s revised foreign direct investment (FDI) policy, The Economic Times reported, citing sources. The sources told the paper that the CCI […]
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. “We have received a complaint. We are examining it,” a spokeswoman for Austria’s […]
The Fair Trade Commission has decided to launch a massive survey in January into the business practices of internet technology giants, a senior lawmaker said Wednesday. The planned survey is designed to learn how four large firms that provide online search and shopping services, Google, Apple, Facebook and Amazon.com, conduct business and how best to […]
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 […]