Jul 06, 2022

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by: Paul Benson

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Categories: News

Amazon faces UK probe over suspected anti-competitive practices

Amazon is facing a probe in the UK over suspected anti-competitive practices.

The Competition & Markets Authority (CMA) said it was investigating whether the online giant has “abused its market position” to the detriment of consumers and businesses.

“We will be examining Amazon’s role in the online marketplace and taking a close look at its agreements with third-party sellers,” said CMA chief executive Andrea Coscelli.

“People shopping online should be able to buy goods and services from businesses of their choice, safe in the knowledge that they are not being manipulated by the platform hosting them.”

The CMA’s investigation comes after The Times newspaper reported last month that Amazon had used data from small businesses selling on its platform to launch competing products.

Amazon has denied any wrongdoing, saying that it “does not use seller data to launch private label products”.

The CMA said its probe will focus on whether Amazon has breached competition law by using its “powerful market position” to stifle competition, or if it has put unfair terms in place that could harm small businesses.

The authority added that the probe will also look at whether Amazon is “deliberately withholding information” from other businesses that need it to compete.

The CMA’s investigation is still in its early stages and no decisions have been made on whether there has been any infringement of competition law.

However, the authority said it had written to Amazon and other companies “as a first step” to gather information.

It is also asking for submissions from businesses and individuals who feel they may have been affected by Amazon’s practices.

The CMA said its investigation was “at an early stage” and no decisions had been made on whether there had been any infringement of competition law.

However, the authority added that it had written to Amazon and other companies “as a first step” to gather information.

It is also asking for submissions from businesses and individuals who feel they may have been affected by Amazon’s practices.

The CMA’s probe comes as Amazon faces increasing scrutiny from regulators around the world over its business practices.

In December, the European Commission opened an antitrust investigation into Amazon’s treatment of third-party sellers on its platform.

And in the US, the Federal Trade Commission is reportedly investigating Amazon over possible antitrust violations.

The CMA said its probe was “at an early stage” and no decisions had been made on whether there had been any infringement of competition law.

However, the authority added that it had written to Amazon and other companies “as a first step” to gather information.

It is also asking for submissions from businesses and individuals who feel they may have been affected by Amazon’s practices.