German Regulator Fines Amazon €59M for Market Power Abuse
Amazon has been fined €59 million by the German Federal Cartel Office for violating competition rules. The authority found that Amazon’s pricing policies for third-party sellers, specifically its pricing cap and algorithmic influence on vendor prices, unfairly disadvantage competitors. These practices were determined to breach both German digital dominance rules and EU competition law, as Amazon directly competes with these sellers on its own platform and is seen to be manipulating their pricing.
John Q. Hosedrinker