German competition watchdog steps up monitoring of Amazon

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Germany’s anti-cartel watchdog says it has placed e-commerce giant Amazon under closer surveillance for any possible abuse of its market position. – EPA pic, July 6, 2022.

GERMANY’S anti-cartel watchdog said today it has placed e-commerce giant Amazon under closer surveillance for any possible abuse of its market position.

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The Federal Cartel Office said it had determined Amazon to be a company of “paramount significance for competition”, a move that will allow it to act more effectively to “intervene and prohibit potential anticompetitive practices”.

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