Wednesday , September 18 2019
Home / sweden / Germany's positive message to the e-commerce giant

Germany's positive message to the e-commerce giant



Profit from Amazon and other dominant technology companies by global competition authorities has increased, but positive news came from Germany on Wednesday.

Profit from Amazon and other dominant technology companies by global competition authorities has increased, but positive news came from Germany on Wednesday. The investigation into the federal cartel imposed changes in the e-commerce giant, which are sufficient.

Shortly after Amazon, Google, Apple, and Facebook were heard by the US Competition Commission, it was reported that after seven months of work, the German competition investigation in Amazon would be closed.

Read also: Law on Technical Bans – Punishment of over SEK 9 million per day

Amazon has agreed to extend the business services agreement to make it easier for traders wishing to use the market to sell their goods, the German competition authority said.

The improvements will apply not only to Germany, which is Amazon's second-largest market, but also to Britain, France, Italy and Spain as well as to America and Asia, the agency said.

"We have made great improvements for traders," said Competition Director Andreas Mundt.

Read also: French technology tax upset US – customs threats

Amazon claims that the changes that will come into use within 30 days will clarify the rights and obligations of the partners, which account for 58% of Amazon Marketplace's sales.

The investigation began after third-party merchants complained about the fees that Amazon wanted to allow stores to sell goods through Marketplace. Similar charges have been the beginning of investigations of other giants on platforms such as Facebook and the parent company of Google Alphabet. During a Tuesday hearing in the United States, the focus was on the question whether the actions of advertising sales companies are unresolved competition against vendors on their own platforms, among other things through the benefits of network giants in their own search functions.

Read also: Now, the white house will investigate technical treason


Source link