EU files antitrust charges against Amazon over use of data

European Union regulators have filed antitrust
charges against Amazon, accusing the e-commerce giant of using data to gain an
unfair advantage over merchants using its platform.
The EU’s executive commission, the bloc’s top
antitrust enforcer, said Tuesday that the charges have been sent to the
company.
The commission said it takes issue with Amazon’s
systematic use of non-public business data to avoid “the normal risks of competition
and to leverage its dominance” for e-commerce services in France and Germany,
the company’s two biggest markets in the EU.
The EU started looking into Amazon in 2018 and has
been focusing on its dual role as a marketplace and retailer.
In addition to selling its own products, the U.S.
company allows third-party retailers to sell their own goods through its site.
Last year, more than half of the items sold on Amazon worldwide were from these
outside merchants.
Amazon faces a possible fine of up to 10% of its
annual worldwide revenue, which could amount to billions of dollars. The
company rejected the accusations.
“We disagree with the preliminary assertions of the
European Commission and will continue to make every effort to ensure it has an
accurate understanding of the facts,” the company said in a statement.
The company can, under EU rules, reply to the
charges in writing and present its case in an oral hearing.
It’s the EU’s latest effort to curb the power of big
technology companies, following a series of multibillion dollar antitrust fines
against Google in previous years.