UK: “Digital” tax to hit Alphabet, Amazon, Facebook

UK: “Digital” tax to hit Alphabet, Amazon, Facebook

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 […]

Israel: Antitrust Chief welcomes Amazon

Israel: Antitrust Chief welcomes Amazon

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 […]

US: eBay sues Amazon

US: eBay sues Amazon

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 […]

India: Amazon denies giving sellers preferential treatment

India: Amazon denies giving sellers preferential treatment

The All India Online Vendors Association (AIOVA) on Friday, October 5, filed a petition with the Competition Commission of India alleging that Amazon favors merchants that it partly owns, such as Cloudtail and Appario, which Amazon denied on Monday. “Amazon has an equal relationship with all the sellers on our marketplace,” Amazon India spokeswoman Bhumika […]

EU: Brussels sets sights on Amazon

EU: Brussels sets sights on Amazon

EU antitrust regulators are asking retailers and manufacturers whether Amazon’s sales of own brand products similar to theirs have harmed their business, reported CNBC. Margrethe Vestager, the European Commissioner for Competition, told CNBC’s Sara Eisen that one of her agency’s primary goals in the Amazon investigation to protect consumers by ensuring competition and innovation. EU […]

EU: Amazon probe quizzes smaller rivals about “copy-cat” products

EU: Amazon probe quizzes smaller rivals about “copy-cat” products

The European Commission, as part of its probe into Amazon’s data practices, has sent Amazon merchants a 16 page form to be filled out by October 9 asking if Amazon has recently started to sell products under its own brand that are “identical or very similar” to ones merchants have offered on Amazon’s website and […]

US/EU: Vestager talks about big tech and Amazon

US/EU: Vestager talks about big tech and Amazon

On Wednesday, September 26, EC Commissioner Margrethe Vestager sat down at the Bloomberg Global Business Forum in New York and discussed in an interview a number of topics currently of interest in the EU and in the US, primarily focusing on big tech. When asked about the recently announced probe into Amazon’s data practices related […]

India: Amazon acquires Indian grocery chain for US$580m

India: Amazon acquires Indian grocery chain for US$580m

Amazon, along with private equity firm Samara Capital, will acquire Indian supermarket chain More for an undisclosed sum. According to DealStreetAsia, a source said the transaction was valued at around ₹4,200 crore (more than $583 million USD). The acquisition of More’s parent company, Aditya Birla Group, will be carried out by Samara Capital’s arm Witzig […]

EU: Vestager opens probe into Amazon

EU: Vestager opens probe into Amazon

Amazon’s business model is under the spotlight in Europe after the EU’s antitrust watchdog launched a preliminary investigation into how the platform uses data about merchants, reported the Wall Street Journal. The informal probe concerns the e-commerce group’s dual role as a competitor while simultaneously acting as host to third-party merchants, who sell goods on […]

US: Bezos isn’t worried about Amazon antitrust concerns

US: Bezos isn’t worried about Amazon antitrust concerns

On Thursday Amazon’ founder Jeff Bezos said he was not worried about the potential for anti-trust scrutiny of the company as it becomes an important economic force. Speaking at a Washington business gathering, Bezos said it was normal to draw scrutiny but he did not anticipate any actions that would prevent the internet giant from innovating and […]