NEW DELHI: Britain’s competition watchdog is planning a formal competition investigation into e-commerce company Amazon.com Inc, the Financial Times reported, citing three unidentified people familiar with the situation.
The Competition and Markets Authority has been analysing Amazon‘s business for months, the newspaper said, adding regulator was focusing on how the online retailer uses the data it collects on its platform.
The regulator has also scrutinised how Amazon decides which merchants appear in the crucial ‘buy box’ – the white panel to the right-hand side of a product where buyers click to add the item to their cart, the report added.
Amazon did not immediately respond to a request for comment on Thursday.
A probe into the company may focus on whether Amazon favours merchants that also use its logistics and delivery services when deciding who has access to the buy box and to its Prime customers, the newspaper said, citing the sources. The timing and scope of the probe were still being worked on, it said.
The investigation was likely to cover similar ground to probes under way in the European Union, according to the report.
Brussels has two open probes into Amazon – one that is looking at how the company is using data to advance its own products to the potential detriment of rivals, and another which is looking at the criteria for the use of the buy box.


Japan travel news, japan travel guides, japan holiday destinations and japan reviews

LATEST NEWS

NEWS RELATED

US House panel to vote on bills targeting Big Tech next week

The U.S. House Judiciary Committee will vote on Wednesday on a package of six antitrust bills, including several targeting the market power of Big Tech, the panel said on Thursday. The bills will be marked up in committee to consider changes and then voted on by the panel to decide…

Read more: US House panel to vote on bills targeting Big Tech next week

Amazon app quiz June 18, 2021: Get answers to these five questions to win Rs 25,000 in Amazon Pay balance

Amazon is back with another dose of its daily app quiz. As part of the quiz today, the e-tailer is giving the participants a chance to win Rs 25,000 in Amazon Pay balance.The daily app quiz comprises five questions that are based on general knowledge and current affairs. A participant…

Read more: Amazon app quiz June 18, 2021: Get answers to these five questions to win Rs 25,000 in Amazon Pay balance

Flipkart challenges Karnataka HC decision: Here's a look at its key contentions

Flipkart Headcount in India: 12,000 | Top India locations: Bengaluru Area, New Delhi Area, Mumbai Area | Most common skills: Supply Chain Management, Vendor Management, Operations Management | In-demand jobs: Business Development, Operations, Information Technology (Image: Reuters) The Walmart-owned Flipkart has challenged Karnataka High Court’s judgement which allowed the Competition…

Read more: Flipkart challenges Karnataka HC decision: Here's a look at its key contentions

Samsung Galaxy M32 unboxing video surfaces ahead of June 21 launch

Samsung is set to launch the Galaxy M32 in India on June 21. While Samsung has revealed several key specs about the Galaxy M32, there is still a lot about the phone we don’t know. However, a new unboxing video of the phone has surfaced online. While the video is…

Read more: Samsung Galaxy M32 unboxing video surfaces ahead of June 21 launch

Walmart's Flipkart challenges India court order on antitrust probe

Flipkart (File Photo) Walmart Inc’s Flipkart has filed a legal challenge against the restarting of an antitrust probe into the company, arguing in a court filing that the investigation would cause “irreparable injury.”The Competition Commission of India (CCI) launched an investigation in January last year following a complaint alleging that…

Read more: Walmart's Flipkart challenges India court order on antitrust probe

Amazon, Flipkart challenge Karnataka HC order to stall CCI probe

Walmart-owned Flipkart and Amazon India have both challenged the Karnataka High Court order with a new appeal made to the division bench over the Competition Commission of India (CCI) probe on the ecommerce majors. Last week, the HC had dismissed a plea by Flipkart and Amazon India paving the way…

Read more: Amazon, Flipkart challenge Karnataka HC order to stall CCI probe

Flipkart challenges Karnataka HC judgement in division bench, Amazon tags along

Amazon’s counsel also asked for his matter to be tagged along with Flipkart’s appeal. Walmart-owned Flipkart has challenged the last week’s judgement of the Karnataka High Court allowing the Competition Commission of India (CCI) to continue its investigation against the company in a division bench. Amazon‘s counsel also asked for…

Read more: Flipkart challenges Karnataka HC judgement in division bench, Amazon tags along

Tim Cook says proposed EU tech rules threaten security of Apple iPhones

Apple boss Tim Cook took aim at proposed European rules aimed at curbing the power of U.S. tech giants, saying they could pose security and privacy risks to iPhones. Cook, in his first public comments about the Digital Markets Act (DMA) proposed by EU antitrust chief Margrethe Vestager, said parts…

Read more: Tim Cook says proposed EU tech rules threaten security of Apple iPhones

Blame social media for fake and paid reviews, not us, says Amazon

Amazon app quiz June 17, 2021: Get answers to these five questions and win Rs 15,000 in Amazon Pay balance

AI firm Sense raises $16 million in funding

Tim Cook says proposed EU tech rules threaten security of iPhones

iGear launches charging station to charge Android phones, iPhones and wireless accessories

Amazon to launch Kindle Vella in July

Portronics launches SoundDrum 1 portable Bluetooth speaker at Rs 1,399

Asus Zenbook Duo 15 OLED goes on sale in India, price starts at Rs 2,39,990

OTHER NEWS