Amazon’s Japanese headquarters in Tokyo has been raided by the country’s fair trade watchdog on suspicion of violation of antitrust regulations, reported the Wall Street Journal.
The Japanese Fair Trade Commission (JFTC) said on Thursday, March 15, that Amazon Japan was being investigated after allegations that the company improperly asked suppliers to shoulder part of the costs of discounting their products on the retail site. Amazon Japan said Thursday that it was “fully cooperating” with JFTC, but declined to comment on the details of the allegations.
Amazon Japan has come under regulatory scrutiny before. In a previous antitrust probe, the JFTC found the firm had required suppliers that sell their products on multiple
platforms to list them on Amazon Japan at the same or lower price.
Full Content: Wall Street Journal
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