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European Commission opens investigation into Amazon
The European Commission will open an investigation into the practices of Amazon web store in the market for e-books. Amazon would require publishers to the shop lights on terms and pricing of competing suppliers.
Because Amazon thus knew about conditions and prices from competitors, it could adjust its own prices and terms to be one step ahead of the competition, writes the European Commission.
The Commission has now launched an investigation does not mean that Amazon is guilty of foiling the competition, but it does indicate that the Commission has a strong suspicion against the store.
An investigation Amazon can take up to several years, the Commission will hear witnesses from Amazon and companies involved in the case. If the Commission deems guilty Amazon, which can lead to large fines or other measures. So given Intel a large fine for thwarting AMD and Philips and Samsung received fines from the European Commission. Amazon risking already a heavy fine because another study by the Commission.Viewing:-146
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