Amazon faces a billion dollar fine for abusing market dominance

Updated : Dec 10, 2021 08:23
|
EJ Biz Desk

Amazon has been fined $1.3 billion by antitrust regulators in Italy.The fine is one of the largest leveraged in Europe against the online retail giant.

According to the antitrust watchdog, Amazon has abused its dominant market position and pushed third-party sellers to use the company’s logistics service ‘Fulfillment by Amazon' (FBA).

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The Italian authority concluded that third-party sellers don’t get the same treatment if they’re leveraging FBA or using their own logistics stack.

The 250 page report states that the e-commerce giant also prevents third-party sellers from gaining access to Amazon's Prime loyalty program, “which makes it easier to sell to the more than seven million most-loyal and highest-spending consumers."

Amazon said it “strongly disagreed” with the decision and would appeal, calling the fines and proposed remedies “unjustified and disproportionate

 

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