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

29.01Halide co-founder joins Apple's design team
28.01Mark Zuckerberg says Reality Labs will (eventually) stop losing so much money
28.01Astronomers share new insights about the early universe via the Webb Space Telescope
28.01Februarys PS Plus Monthly Games include Undisputed and Subnautica: Below Zero
28.01Patreon creators have to switch to subscription billing by November, thanks to Apple
28.01Native Instruments enters into insolvency proceedings, leaving its future uncertain
28.01Google brings its Nano Banana image generator to Chrome
28.01French Ubisoft workers vote to strike
Marketing and Advertising »

All news

29.01Water bills to rise again: Use our tool to find out by how much
29.01Water bills to rise again: Use our tool to find out by how much
29.01Vehicle production in the UK falls to 73-year low
29.01Halide co-founder joins Apple's design team
29.01Driverless taxis set to launch in UK as soon as September
28.01South Side residents protest rejection of Quantum Shore nonbinding referendum
28.01Mark Zuckerberg says Reality Labs will (eventually) stop losing so much money
28.01Two companies supplied dried milk powder linked to botulism in ByHeart baby formula
More »
Privacy policy . Copyright . Contact form .