German regulator fines Amazon €59M for abuse of market power – POLITICO
The agency takes issue with Amazon’s pricing restrictions, and in particular its pricing cap, on what third-party sellers can charge without being penalized under the platform’s rules. “We will vigorously challenge the FCO’s conclusion, which is based on unique German regulation and directly conflicts with EU competition law consumer standards,” said Rocco Bräuniger, Amazon’s country […]
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