Tag: Amazon
India’s Reliance Takes On Amazon $3.4B Acquisition
Mukesh Ambani’s Reliance Industries has agreed to pay US$3.4 billion for the retail assets of India’s Future Group in a deal that gives Asia’s...
Indian Sellers Bring Antitrust Case Against Amazon
A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the US company favors some retailers...
Amazon Eyeing Stake In Rackspace
Shares of Rackspace Technology Inc. (Nasdaq: RXT) were up almost 12 percent as of 11:56 a.m. EST Monday (Aug. 17) following a Reuters report indicating that Amazon (Nasdaq: AMAZ) may...
Germany Launches Investigation Into Amazon
Amazon is facing an investigation by Germany’s national competition regulator over the eCommerce giant’s relationship with third-party sellers, Reuters reports.
“We are investigating whether and how Amazon...
Nation’s Biggest Mall Owner In Talks With Amazon To Convert JCPenny...
Simon Property Group, the biggest mall owner in the US, has been in talks with Amazon to turn some of its anchor department-store spaces...
Amazon, Apple Deny Wrongdoing After Italy Raids Local Offices
US online retailer Amazon and tech giant Apple issued statements denying wrongdoing a day after Italy's main competition regulator announced it had raided their...
UK Regulator Clears Amazon’s 16% Investment In Deliveroo
Following an in-depth investigation, the CMA has cleared Amazon’s 16% investment in Deliveroo after finding that it will not substantially lessen competition.
The Competition and...
NY Joins Other States In Amazon Antitrust Probe
New York Attorney General Letitia James is joining in on the investigations into Amazon‘s market power, according to CNet.
James’ office, according to CNet, is partnering with the Federal...
Amazon Continues To Investigate Employee Use of Third-Party Data
Jeff Bezos, Chief Executive of Amazon, said the company continues to investigate the allegations behind a Wall Street Journal article in April that detailed...
Big Tech’s Dominance Comes Under Fire During Antitrust Hearing
Four of America's big tech CEOs faced the US House of Representatives' antitrust subcommittee Wednesday July 29, taking questions about alleged predatory business practices,...