European antitrust authorities probe Amazon
The top antitrust regulator in the European Union said Wednesday she is investigating Amazon's relationship with independent merchants it hosts on its platform.
Why it matters: If this were to turn into a formal investigation, it would represent a major headache for Amazon, as it faces allegations that it has unfair dominance over the market.
What they're saying: EU competition Commissioner Margarethe Vestager pointed to the possibility that Amazon could use data on independent merchants who use its platform to refine its own offerings as a seller itself. She said that "the question here is about the data."
- Vestager said it was "very early days" and that the authorities have not "formally opened the case."
- Amazon declined to comment on the record.
The big picture: Debates over Amazon's dominance have fueled a resurgent antitrust movement in the United States, but European regulators have actually taken action against the tech giants.