Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-01-22 17:34:33| Engadget

The UK's Competition and Markets Authority (MCA), a watchdog agency which has repeatedly probed Amazon's business dealings, will now be run by former Amazon executive Doug Gurr. that makes sense, right? Gurr will serve as interim chair "in a bid to boost growth and support the economy. "The decision comes alongside reports that the UK government ousted former chair, Marcus Bokkerink, whose resignation was simultaneously announced. Secretary of State for Business and Trade, Jonathan Reynolds, explained the appointment in a statement. "This Government has a clear Plan for Change to boost growth for businesses and communities across the UK. As weve set out, we want to see regulators including the CMA supercharging the economy with pro-business decisions that will drive prosperity and growth, putting more money in peoples pockets." The CMA is responsible for investigating any potential breaches of antitrust regulations, vetting mergers and protecting consumers from any unfair trading practices. It has taken action against Amazon multiple times, including the period Gurr worked there. Recently, the CMA has probed Amazon for not protecting customers from fake reviews and whether Amazon gives its own brands preference over third-party products in its marketplace the latter resolved with agreed upon changes from the tech giant. Last year, the CMA looked at Amazon's $4 billion investment into Anthropic, ruling it didn't qualify as a merger. The CMA is currently investigating Google for antitrust practices in regards to its search services.  Gurr joined Amazon in 2011, serving as the President of Amazon China from 2014 to 2016 and finally as Country Manager of Amazon UK until he left the company in 2020. Most recently, he served as director of the Natural History Museum in London. This article originally appeared on Engadget at https://www.engadget.com/big-tech/former-amazon-executive-to-run-uks-antitrust-agency-163433153.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

02.02McDonalds wants its customers to know that bigmac is a terrible password
01.02Apex Legends won't be playable on Nintendo Switch after its next season
01.02Apple is already thinking about its second foldable iPhone, and it may be a clamshell
01.02Apple's online store now lets you build a new Mac exactly the way you want
01.02Indonesia is lifting its ban on Grok, but with some conditions
01.02How to replace your AirTag battery
31.01NVIDIA is still planning to make a 'huge' investment in OpenAI, CEO says
31.01Ayaneo's Pocket S Mini has the perfect aspect ratio for revisiting classic console games
Marketing and Advertising »

All news

02.02Monday Watch
02.02Gold and silver ETFs crash up to 20% as precious metals slump further. What should investors do now?
02.02Anant Raj, Netweb Tech, other data centre stocks surge up to 7%. Whats triggering the surge?
02.026 tech-infused items under $30 to keep you warm this winter
02.02ETMarkets Smart Talk | 1015% allocation to gold and silver is enough for portfolios: Sandeep Bagla
02.02Negative Breakout: These 13 stocks cross below their 200 DMAs
02.02Asian shares drop as gold plunge deepens, dollar gains
02.02Sharp hike in STT pulls Nifty and Sensex down by 2%; brokerages feel the heat
More »
Privacy policy . Copyright . Contact form .