Why Did EU File Antitrust Charges Against Amazon?

In this DW News, find out why EU has filed antitrust charges against Amazon. The committee claims that the online shopping giant created a monopoly and hindered other businesses’ progress in Europe. They have further accused Amazon of collecting data from sellers and consumers to promote relevant products and offers. The e-commerce leader might have to cough up a fine of 10 percent of its worldwide sales revenue. However, the company has negated such allegations. European Commission VP Margrethe Vestager and Agustín Reyna Director, Legal and Economic Affairs at BEUC share their viewpoints in the video.

The post Why Did EU File Antitrust Charges Against Amazon? appeared first on AITS CAI’s Accelerating IT Success.

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