The world’s biggest online retailer is one of several technology firms that have attracted the scrutiny of the EU’s powerful competition watchdog. — Reuters
Amazon.com Inc faces a formal antitrust complaint from the European Union, an important step in a long-running investigation that could pave the way for massive fines or changes to the company’s business model.
EU regulators will send Amazon a so-called statement of objections in the coming weeks amid concerns the US retail giant may be shortchanging smaller merchants who sell on its marketplace, according to a person familiar with the case who spoke on condition of anonymity.
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