Amazon, Broadcom face new antitrust probes in Europe

Rule changes in India, along with antitrust probes in Europe, show policymakers are growing more skeptical about the competitive threat from the American e-commerce giant......»»

German antitrust adviser says Amazon might face restrictions.....»»

EU regulators are quizzing merchants and others on U.S. online retailer Amazon's use of their data to discover whether there is a need for action, Europe's antitrust chief said on Wednesday......»»

New York TimesEurope to Investigate Amazon's Dual Role of Merchant and PlatformNew York TimesAn Amazon warehouse in England. European antitrust investigators are looking into whether the co.....»»

Amazon could face a threat other than just EU antitrust scrutiny after a key EU lawmaker announced proposals aimed at curbing online marketplaces' use of merchants' data to boost sales of own brand products......»»

Vodafone's $21.8 billion proposed acquisition of Liberty Global's assets in Germany and eastern Europe is likely to face a full EU antitrust investigation, a person familiar with the matter said......»»

Jeff Bezos, Amazon's founder, was questioned by the Federal Trade Commission regarding his use of the encrypted messaging app Signal and its auto-delete feature, particularly in relation to an antitrust lawsuit. read more.....»»

These startups have received significant backing from mostly domestic investors and are aggressively recruiting top-tier talent to develop popular AI products. read more.....»»

The FTC has accused Amazon executives, including Jeff Bezos and Andy Jassy, of deleting text messages on Signal that could have been relevant to an ongoing antitrust investigation. read more.....»»

The TikTok Lite spinoff app rewards users when they log in daily, watch videos, or like posts, sparking addiction concerns from European officials. A 12-year-old boy looks at a smartphone screen displaying th.....»»

Temu, rival of Alibaba Group, will face strict EU regulations for online content as its monthly users in Europe surpass 45 million threshold. read more.....»»

Amazon's robotics director debunks job loss myth, citing 1,000+ new technologies and 50,000 jobs created. Stock up 92% in 12 months. Invest in XLY or VCR. read more.....»»

The lawsuit says Amazon policy preventing sellers from offering their products at lower prices on other online platforms results in “artificially high” prices across e-commerce sales......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The lawsuit says Amazon policy preventing sellers from offering their products at lower prices on other online platforms results in “artificially high” prices across e-commerce sales......»»

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Europe’s second-highest court on Wednesday annulled a European Commission ruling that ordered Amazon to pay some €250 million to Luxembourg......»»

Amazon Wins Appeal Overturning $300M EU Tax Bill In Latest Defeat For Vestager Amazon has just scored a major victory in Europe's second-highest court that mirrors Apple's recent tax victory in Europe. The American tech gian.....»»

Apple has been charged with abusing its dominant position in the music-streaming market by imposing restrictive rules on the App Store, in a landmark move by European Union regulators......»»