After facing a US Congressional hearing on anti-trust, both Canadian and German anti-trust watchdogs are now probing Amazon for competition concerns. Canada's Competition Bureau has invited market players to provide their inputs on whether Amazon's practices are harming consumers and companies. The regulator's ongoing probe will look to understand whether Amazon's policies for third-party sellers impact the pricing of products, and the sellers' dependence on Amazon, given that sellers have to use Amazon's Fulfilment tag and advertise on Amazon. The bureau will look at whether Amazon's practices influences consumers to purchase its products over those offered by competing sellers. Amazon said it was cooperating with the bureau's investigation and would continue to support small and medium businesses, per Reuters. Big Tech companies, including Amazon, have been facing increased regulatory scrutiny in the US and in other countries. Germany's anti-trust regulator…
- PrivacyNama 2022 Workshop: Privacy Preserving Advertising; October 11 October 7, 2022
- IRDAI Approves ‘Amazon-like’ Intermediary For Selling Insurance Products: Benefits and Concerns October 7, 2022
- Will Google offer its free VPN service on Pixel phones in India? October 7, 2022
- Tesla CEO Elon Musk will buy Twitter for $44 billion after all October 6, 2022
- Jio and Airtel showcase their surveillance systems at the India Mobile Congress 2022 October 6, 2022
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