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Amazon has become a targets of investigation by the German antitrust authorities

30.11.2018 12:00:56

Germany's antitrust authorities have launched an investigation into American Amazon, which carries out online trading, Reuters reports. The reason for the investigation was the numerous complaints from retailers about the working methods of the American company that came to the Federal Cartel Office of Germany. The head of department, Andreas Mundt, said investigators would examine Amazon’s requirements for retailers using its website to determine if the company was using its dominant market position. The agency notes that Amazon announced its full assistance to the investigation. Its representatives also noted that the company would continue to support small and medium-sized businesses.

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23.07.2020 14:00:30

Dollar trades lower as German confidence, EU stimulus plan boosts risk appetite

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Indonesia imposes 10% VAT on Amazon, Google, Netflix and Spotify

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22.06.2020 16:00:54

The largest German airline Lufthansa gears up for bailout showdown with investors

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09.06.2020 15:01:11

German exports and imports plummet in April

German imports and exports took a huge hit in April, revealing a record plunge since 1990 after the COVID-19 pandemic severely disrupted demand and supply. The data on Tuesday added to the bleak outlook for the biggest economy in Europe. Many ...

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