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

17.02There's a dedicated channel for Formula 1 in the Apple TV app now
17.02More Rode mics can now connect directly to iPhones and iPads
16.02Call of Duty: Warzone Mobile will go offline on April 17
16.02The Apple Podcasts app is switching to HTTP Live Streaming video technology
16.02The Vatican introduces an AI-assisted live translation service
16.02Layers of 3 revealed via a mysterious trailer and poem
16.02Apple's next event is set for March 4
16.02The creators of Mixtape want to make a great hangout video game
Marketing and Advertising »

All news

17.02Global Market Today: Asian stocks edge higher in thin holiday trading
17.02RBI draft norms on mis-selling may hit private banks harder
17.02Unrated debt on the rise as investors seek higher yields
17.02What do RBIs new rules mean for investors in exchange and brokerage stocks?
17.02Brokerages may tap bonds and CPs as bank funding turns 'unsuitable'
17.02The tech bros might show more humility in Delhi but will they make AI any safer?
17.02After record rally in gold & silver, experts urge investors to book profits
17.02Battered IT loses weight on Nifty, banking hits new high
More »
Privacy policy . Copyright . Contact form .