Economy News

Germany Launches Investigation Into Amazon


Germany’s anti-trust authority has launches a study into Amazon‘s relationship with third-party traders selling on its site, its head was quoted as saying on Sunday.

“We are investigating whether and how Amazon influences how traders set costs on the market-place,” Andreas Mundt, President regarding the Federal Cartel Office, told the Frankfurter Allgemeine Zeitung daily.

Germany is Amazon’s second-biggest market after the usa.

During the very first month or two of the pandemic that is COVID-19 when many stores were closed and shoppers flocked online, Mundt said there was complaints that Amazon had blocked some traders due to presumably extremely high prices.

“Amazon must not be a controller of prices,” he stated, adding that Amazon had responded to his office’s requests for information and those statements were being evaluated.

The cartel workplace was perhaps not instantly offered to comment.

An Amazon spokeswoman said the organization’s policies was designed to make sure its partners set costs which are competitive.

“Amazon selling lovers set their own item prices in our store,” the spokeswoman stated. “Our systems are designed to do something against cost gouging,” she said, adding that people who had concerns should contact its support team for its merchants.

A policy Germany’s anti-trust watchdog forced it to abandon up until 2013, Amazon had avoided traders from offering their products or services via other sites that are online a lower price than on its market.

This past 12 months, Amazon reached a handle the German authority to overhaul its terms of service for third-party merchants, prompting any office to drop a previous research that is seven-month. Germany’s anti-trust authority has launches a study into Amazon’s relationship with its sellers.


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