It was published
June 11, 2021
The UK’s competition watchdog is planning a formal competition survey for e-commerce company Amazon.com Inc, the Financial Times reported Thursday, citing three unidentified people familiar with the situation.
According to the newspaper, the Competition and Markets Authority has been analyzing Amazon’s business for several months, adding that regulators have focused on how online retailers use the data they collect on the platform.
Regulators have also scrutinized how Amazon determines which merchants will appear in important “buy boxes.” This is the white panel to the right of the product that the buyer clicks to add the item to the cart.
Amazon did not immediately respond to a request for comment on Thursday.
The company’s research could focus on whether Amazon favors merchants who also use logistics and shipping services when deciding who has access to purchase boxes and prime customers, the newspaper said. The timing and scope of the investigation is still under consideration, he said.
According to the report, the investigation could cover similar grounds as the investigation underway in the European Union.
Brussels has two open probes to Amazon. One is looking at how we are using the data to move our products forward to the point where they can damage our rivals, and we are looking at the criteria for using purchase boxes.
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Watchdog in the UK plans to investigate Amazon’s data usage
Source link Watchdog in the UK plans to investigate Amazon’s data usage