EU probes Amazon over how it uses the data it collects


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EU antitrust regulators are inspecting how Amazon makes use of knowledge and whether or not it has leveraged data gleaned from smaller retailers to spice up its personal gross sales.

Competitors Commissioner Margrethe Vestager mentioned her workplace had began gathering data on the difficulty, whereas cautioning that the probe was nonetheless at a really early stage.

Vestager mentioned the purpose was to find out whether or not on-line platforms that promote their very own merchandise had been utilizing knowledge from rival retailers to realize an unfair benefit.

“Do you then additionally use this knowledge to do your personal calculations, as to what’s the new massive factor, what’s it that folks need, what sort of gives do they prefer to obtain, what makes them purchase issues?” she mentioned at a information convention.

“We now have no conclusions,” she added. “We’ve not formally opened a case, however we try to make it possible for we get the complete image.”

Amazon (AMZN) didn’t instantly reply to a request for remark.

The European Union has emerged as a key battleground for tech firms as a result of it has launched powerful guidelines on knowledge safety, hate speech, taxation and competitors points.

The European Fee ordered Google (GOOGL) in July to pay €four.34 billion ($5 billion) for unfairly pushing its apps on smartphone customers and thwarting rivals. Apple (AAPL) and Fb (FB) have additionally been penalized by European regulators.

CNNMoney (London) First revealed September 19, 2018: 10:39 AM ET

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