Date
16 December 2018
The EU is gathering information on issues related to Amazon's use of merchants' data, EU Competition Commissioner Margrethe Vestager said on Wednesday. Photo: Bloomberg
The EU is gathering information on issues related to Amazon's use of merchants' data, EU Competition Commissioner Margrethe Vestager said on Wednesday. Photo: Bloomberg

Amazon’s use of merchant data under EU scrutiny

European Union regulators are checking whether US online retailer Amazon is using merchants’ data in a way that stifles competition, the bloc’s antitrust chief said on Wednesday.

According to EU Competition Commissioner Margrethe Vestager, the issue was about a company hosting merchants on its site and at the same time competing with those same retailers by using their data for its own sales, Reuters reports.

“We are gathering information on the issue and we have sent quite a number of questionnaires to market participants in order to understand this issue in full,” Vestager was quoted as saying at a news conference in Brussels.

“These are very early days and we haven’t formally opened a case. We are trying to make sure that we get the full picture,” the EU official said.

The comments by Vestager come as the world’s largest online retailer faces calls for more regulatory intervention and even its potential break-up because of its sheer size, Reuters noted.

Vestager has the power to fine companies up to 10 percent of their global turnover for breaching EU antitrust rules.

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RC

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