Amazon Commitments ‘Appear Relevant’ to EU Concerns

Amazon seems to be heading in the right direction in its makes an attempt to appease EU antitrust authorities with regard to 2 probes opened by the European Commission (EC).

The first investigation pertains to Amazon’s use of private vendor knowledge. The second has to do with the best way the Amazon Prime service and the Offer Display (beforehand referred to as the Buy Box) function favor Amazon’s personal retail enterprise, in addition to market sellers that use Amazon’s logistics and supply providers.

After making quite a lot of commitments to vary the best way Amazon market operates in order to alleviate the Commission’s issues, these have been revealed by the EC which requested suggestions from affected stakeholders.

In its provide to settle the 2 circumstances, Amazon dedicated to cease utilizing knowledge on unbiased sellers to the benefit of its personal competing retail enterprise. Amazon additionally dedicated to making use of “non-discriminatory criteria conditions and criteria in determining the Featured Offer” together with the elimination of Prime eligibility as a related criterion for choice as a Featured Offer.

Read extra: Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback

While the EC’s name for feedback was open till September 9, feedback made by the EU Competition Commissioner Margrethe Vestager Friday (Sept. 16) recommend that the adjustments proposed by Amazon have alleviated not less than among the Commission’s issues.

In a speech within the U.S. right this moment Vestager mentioned, “the commitments offered by Amazon appear relevant to address the harm and have the potential to transform Amazon’s business model as a marketplace and retailer,” as reported in Bloomberg.

She added that “we are not there yet” and that the EC remains to be within the means of accessing suggestions.

In its response to the Commission’s name for suggestions, the Balanced Economy Project, a non-profit civil group that campaigns in opposition to Monopolies wrote: “While these [proposals] might seem positive at first glance, we believe these are an attempt by Amazon to forestall and delay effective measures against its abusive activities and its dominant position.”

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