Tag: Amazon
Parler Drops Antitrust Suit Against Amazon
Parler has dropped its antitrust lawsuit against its former web host Amazon Web Services (AWS), which in January brought the controversial social-media app offline.
At...
Indian Phone Sellers Urge Court To Probe Amazon’s Practices
An Indian trade association with 150,000 members owning mobile phone stores has asked Prime Minister Narendra Modi to probe Amazon’s business practices in the...
Seller Blasts Amazon’s Forced Arbitration Policy During Congressional Hearing
An Amazon seller complained to lawmakers Thursday, February 11, of unfair forced arbitration clauses the platform uses to prevent potentially damaging outcomes in court, reported...
Walmart Buys Ad Tech Platform To Compete With Amazon
Walmart is buying up the technology and assets behind Thunder, which uses automation to create digital ads. One key goal for the retailer is...
Amazon’s Next CEO Will Inherit Antitrust Woes
Andy Jassy will succeed Jeff Bezos as Amazon’s CEO. Bezos will transition to the role of Executive Chair in the third quarter of 2021. The CEO succession comes...
Indian Court Halts Reliance’s $3.4B Deal With Future
An Indian court has temporarily restrained Future Group from selling its retail assets to Reliance Industries, an interim win for Amazon, reported Bloomberg.
The Delhi...
Jeff Bezos To Step Down As Amazon CEO
Amazon announced on Tuesday, February 2, that AWS CEO Andy Jassy will replace Jeff Bezos as CEO during the third quarter of this year....
Amazon Wants Indian Court To Jail Future Group’s CEO During Merger...
Amazon is upping its legal battle against Reliance Retail’s US$3.4 billion acquisition of Future Group’s retail assets. This time around, it is even asking...
China Joins The Push To Rein In Tech Giants
China is adding new momentum to efforts in Brussels and Washington to curb the power of big tech companies, reported The Wall Street Journal.
China...
Amazon Sues EU Antitrust Regulators Over Italian Case
Amazon is suing EU antitrust regulators for allowing the Italian competition watchdog to pursue its own case against the US online retail giant over...