German antitrust agency shelves Amazon probe

Nov 26, 2013

German antitrust regulators say they've shelved a case against Amazon.com Inc. after the American online retailer agreed to lift a regulation prohibiting third-party traders from selling their products cheaper elsewhere.

The Federal Cartel Office said Tuesday that Amazon announced in August it would end its "price parity" policy and that the office decided to shelve the case after interviewing Amazon Marketplace retailers who "expressly confirmed these measures have been implemented."

The office began investigating in February on suspicion Amazon's conditions on its Marketplace traders violated by unduly hindering its competitors.

It said it had conducted its investigation in cooperation with the British Office of Fair Trading and the EU's European Competition Network and that the of the "price parity" policy would apply Europe-wide

Explore further: Jury says Silicon Valley firm did not discriminate (Update)

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Kirshbaum to leave Amazon publishing unit

Oct 25, 2013

Larry Kirshbaum, a high-profile publishing executive who helped Amazon grow its book publishing business in New York, is leaving the company on Jan. 17.

Amazon workers on strike in Germany

Nov 25, 2013

Hundreds of Amazon.com Inc. workers are staging a strike in Germany and the union says there will be more to come in the run-up to Christmas unless the online retailer raises wages.

Recommended for you

Intel in talks with Altera on tie-up

Mar 27, 2015

US tech giant Intel is in talks with rival Altera on a tie-up to broaden the chipmaker's product line amid growth in Internet-connected devices, the Wall Street Journal reported Friday.

Apple chief Cook to give his wealth away: Fortune

Mar 27, 2015

Apple chief Tim Cook is joining Mark Zuckerberg, Bill Gates and other technology titans who have vowed to donate their wealth to charities, according to a report in Fortune magazine.

BlackBerry tops 4Q profit forecasts

Mar 27, 2015

BlackBerry posted a surprise profit in the fourth quarter, but saw a sharp drop-off in revenue as the once-iconic smartphone company said it reached the halfway mark of its turnaround effort.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.