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

20.01Dr. Gladys West, whose mathematical models inspired GPS, dies at 95
19.01ASUS will not release any new smartphones this year
19.01UK agency questions Meta's policies for illegal gambling site ads
19.01TurboTax Deluxe is on sale for $45 ahead of tax season
19.01Bungie's Marathon arrives on March 5
19.01Musk claims Tesla will restart work on its Dojo supercomputer
19.01Threads has more global daily users than X on mobile for the first time
19.01Levi's closes the Gen Z skills gap with a new repair curriculum
Marketing and Advertising »

All news

20.01Monday Watch
20.01Q3 results today: ITC Hotels among 43 companies to report earnings on Tuesday
20.01Jan 19, Overcoming Fear of Failure in Goal Setting for Leaders
20.01Gold holds near record high as trade war risks sour global sentiment
20.01ReNew lines up $500-million dollar bond issue
20.01Can Shadowfax Technologies IPO deliver long-term value for high-risk investors?
20.01Sebi to identify and regulate 'significant indices' used by MFs
20.01Wipro sinks over 8% as weak Q4 guidance spooks investors
More »
Privacy policy . Copyright . Contact form .