Italy beats Amazon with $ 1.2bn antitrust | Business and Economic Affairs

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An Italian study criticized Amazon for its “bad” practices and abuse of power.
Author Bloomberg
Published on 9 Dec 2021
Amazon.com Inc. was fined more than 1.1 billion euros ($ 1.2 billion) for an unsubstantiated Italian investigation that criticized the giant for “evil” and tortured a senior member of one of the sanctions imposed by the European emperor.
The company has expanded its export operations to Europe, with the aim of attracting local businesses to set up their own trucking companies to carry the company’s goods. The retailer also linked the opportunity to get a special advantage in the use of its products, the regulator said.
“Amazon has a significant role to play in the Italian market for communications services, which Amazon has encouraged to approve the establishment of its own regulatory function,” Italy’s antitrust regulator said on Thursday.
Amazon last month overturned a European Union court decision to bar the EU and Italy from conducting an unscheduled investigation into the company’s dealings with suppliers on its platform.
The European Commission is looking at how Amazon selects sellers from the shopping cart page on page that attracts about 80% of sales. Also how sellers can offer sales to Amazon Prime’s trusted, free-to-buy app, and if this favors Amazon sellers and sellers who use Amazon products and delivery services.
“We strongly disagree with the idea of the Italian Competition Authority and we will appeal,” Amazon said in a statement. “Everything they are asked to do is unacceptable and inconsistent.”
The U.S. company has been looking at it in recent years for a wide range of products that have gained a wide range of customers and partners, including independent merchants who sell in their marketplace, its digital subsidiary user Alexa, and consumers whose browsing and purchasing history. inform what Amazon shows them on its page.
The Luxembourg Protection Committee in Luxembourg, where Amazon is based in the EU, in July paid the company a 746 million fine for processing personal information in violation of the EU General Data Protection Regulation. Germany has a number of surveys that are not related to Amazon sales. The UK is also reviewing similar issues with the EU.
The EU is also looking at potential problems with voice providers as well as allowing Amazon and others to accumulate user interference.
The Italian retailer said it had ordered Amazon to make a number of changes, including “providing sales revenue and visibility on Amazon.it to all third-party retailers who are able to adhere to fair and impartial policies to meet their obligations.”
-It’s help from Daniel Lepido.
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