Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-11-26 20:15:58| Engadget

Japan's Fair Trade Commission has conducted a raid on Amazon over antitrust concerns. "There is a suspicion that Amazon Japan is forcing sellers to cut prices in an irrational way," an unnamed source told Reuters. Amazon Japan received an on-site inspection by the regulator today to explore whether the retailer gives better product placement in search results to sellers who offer lower prices. Additional reporting in The Japan Times suggested that this inquiry is focused on Amazon's Buy Box program, which puts recommended items more prominently in front of online shoppers. The publication said that in addition to demanding "competitive pricing," sellers were allegedly required to use Amazon's in-house services, such as those for logistics and payment collection, to qualify for Buy Box placement. The Japanese FTC has not released an official statement about the inquiry. We've reached out to Amazon for a comment. Amazon has also been questioned about anti-competitive behavior around the world. Stateside, both the Fair Trade Commission and the Attorney General of Washington DC have raised similar concerns about Amazon's practices. The company is also expected to face an antitrust investigation in the European Union next year.This article originally appeared on Engadget at https://www.engadget.com/big-tech/amazon-japan-hit-with-a-raid-over-antitrust-concerns-191558080.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

06.02Two years of NordVPN's Complete plan is 70 percent off
06.02The Morning After: The Switch is officially Nintendos most popular console ever
06.02Thailand's health department redefines normal sweetness for drinks, reducing sugar by 50%
05.02X's latest Community Notes experiment allows AI to write the first draft
05.02Everything we know about Valve's new Steam Machine
05.02Prime members can play Alan Wake 2 for free on Luna
05.02Meta is giving its AI slop feed an app of its own
05.02Project Hail Mary is getting its own LEGO set
Marketing and Advertising »

All news

06.02TikTok told to change 'addictive design' by EU or face massive fines
06.02Bank of England chief 'shocked' at Mandelson emails
06.02Bank of England chief 'shocked' at Mandelson emails
06.02NSE Q3 Results: Profit falls 37% YoY to Rs 2,408 crore
06.02Two years of NordVPN's Complete plan is 70 percent off
06.02The Morning After: The Switch is officially Nintendos most popular console ever
06.02Head of firm founded by Mandelson to quit after Epstein releases
06.02Bitcoin crash update: Punishing price slide has investors wondering today: Where is the bottom?
More »
Privacy policy . Copyright . Contact form .