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

10.02This Itch.io bundle to help Minnesota includes over 1,200 games and costs just $10
10.02Sam Bankman-Fried wants a re-trial for fraud charges
10.02Hubble showcases the Egg Nebula in all its dying-star glory
10.02Microsoft will start refreshing Secure Boot certificates in March for Windows 11 and Windows 10 ESU users
10.02The Ayaneo Next 2 is a massive PC handheld with a price tag to match
10.02US judicial body removes climate research paper after complaints from Republicans
10.02Directive 8020 brings sci-fi survival horror to PS5, Xbox Series X/S and PC on May 12
10.02Meta, TikTok and Snap are participating in an online safety ratings system
Marketing and Advertising »

All news

10.02Stocks Slightly Lower into Final Hour on US Economic Data, Earnings Outlook Jitters, Technical Selling, Financial/Retail Sector Weakness
10.02Tomorrow's Earnings/Economic Releases of Note; Market Movers
10.02Bull Radar
10.02Bear Radar
10.02This Itch.io bundle to help Minnesota includes over 1,200 games and costs just $10
10.02What Makes This Trade Great: NKTR
10.02Target CEO shuffles leadership team as his first big move after taking over
10.02Sam Bankman-Fried wants a re-trial for fraud charges
More »
Privacy policy . Copyright . Contact form .