Entering text into the input field will update the search result below

Amazon will be probed in UK over potential anti-competitive practices

Jul. 06, 2022 7:07 AM ETAmazon.com, Inc. (AMZN) StockBy: Clark Schultz, SA News Editor6 Comments

Digitally enhanced shot of a graph showing the ups and downs shares on the stock market


The U.K.'s Competition and Markets Authority said it is probing Amazon (NASDAQ:AMZN) on accusations that is is employing anti-competitive practices that gives advantages to its own retail business and sellers over third-party merchants.

The investigation will focus on

Recommended For You

Comments (6)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

bluescorpion0 profile picture
we have reached peak absurdity or perhaps peak communism when even pure commodity industries are labelled anti-competitive.
@scorpionblue the thirst for power is never quenched.
@scorpionblue why do people always drag communism into a discussion? It just makes you look a bit uninformed.

Amazon is an online marketplace and in Europe we have laws to ensure that vendors on a marketplace are treated equally.
This is simply the fair thing to do and ensures that the consumer will get the best deal as all vendors are playing on the same level playing field.

There is literally nothing in there that even looks like communism, it’s therefore weird you even brought it up.

And before you even try, amazon doesn’t make it’s own rules because it’s a company. It has to adhere to trade practices agreed upon in the region it operates is, regardless of it’s own rules.
@scorpionblue "The CMA said it has not reached any conclusions at this stage as to whether or not competition law has been infringed."

About AMZN

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
Amazon.com, Inc.
PDD Holdings Inc.
Alibaba Group Holding Limited
Prosus N.V.
MercadoLibre, Inc.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.