Tag: Amazon
India Will Speed Up Amazon, Flipkart Antitrust Probe
India’s antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behavior at Amazon and Walmart’s Flipkart, as it intensifies scrutiny of...
US FTC OKs $61.7M Settlement With Amazon Over Tips
The US Federal Trade Commission on Friday approved a consent order against Amazon that requires the company to pay $61.7m to resolve charges that...
Indian Court Dismisses Pleas By Amazon, Flipkart In Antitrust Case
An Indian court dismissed pleas by Amazon.com and Walmart’s Flipkart to quash an antitrust investigation into the business practices of the US firms, dealing them a...
Amazon Faces EU Fine Over Privacy Violations
A European Union privacy regulator has proposed a fine of more than US$425 million against Amazon, part of a process that could yield the...
UK Watchdog Will Probe Amazon’s Data Use
The UK’s competition watchdog is planning a formal competition investigation into Amazon, mirroring a continuing investigation by the EU, according to three people familiar...
Amazon, Gopuff Both Seek To Acquire Grocery Startup Flink
Amazon and US delivery company Gopuff, which is backed by SoftBank, are both looking at buying up Germany-based Flink, sources told Bloomberg. Flink has...
Sen. Klobuchar Wants The DOJ To Probe Amazon’s $8.45B MGM Buy
Democratic Sen. Amy Klobuchar of Minnesota says the US Department of Justice should investigate Amazon's US$8.45 billion purchase of MGM over antitrust concerns,reported Variety.
"This...
Other States May Follow DC’s Actions Against Amazon
Antitrust clouds are gathering over Amazon in a week that saw the retail giant face its first US lawsuit alleging competition-squelching practices just before...
More State Attorney Generals Join Amazon Antitrust Probe
The attorneys general from Pennsylvania and Massachusetts have joined a list of officials investigating Amazon for antitrust violations, Bloomberg reported Thursday, May 27, citing sources.
The list...
Amazon Will Buy MGM Studios For $6.5B
Amazon announced that it has agreed to acquire Hollywood studio MGM, a deal the e-commerce giant is betting can jump-start its Prime Video streaming...
