Tags: EU | amazon | e-books | competition | antitrust

EU Opens Anti-Trust Inquiry Into Amazon E-Book Business

Thursday, 11 Jun 2015 06:30 AM

The European Union's anti-trust regulator opened a formal investigation on Thursday into Amazon's e-book distribution, in the latest Brussels inquiry to target the U.S.-based Internet retailer.

"It is my duty to make sure that Amazon's arrangements with publishers are not harmful to consumers by preventing other e-book distributors from innovating and competing effectively with Amazon," Competition Commissioner Margrethe Vestager said in a statement.

"Our investigation will show if such concerns are justified," she added.

The European Commission, the EU executive's arm, is probing clauses Amazon has with its publishers that may shield the company from competitors, including the right to be informed of more favorable terms.

Brussels is already conducting a separate investigation into Amazon's tax arrangements in Luxembourg, one of a series of such probes targeting major global firms.

© AFP 2017

 
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The European Union's anti-trust regulator opened a formal investigation on Thursday into Amazon's e-book distribution, in the latest Brussels inquiry to target the U.S.-based Internet retailer.
EU, amazon, e-books, competition, antitrust
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2015-30-11
Thursday, 11 Jun 2015 06:30 AM
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