Subscribe & Follow

Advertise your job vacancies

EU opens anti-trust probe into Amazon e-book business

BRUSSELS: The EU's anti-trust regulator opened a formal investigation on Thursday into Amazon's e-book distribution, in the latest Brussels inquiry to target the US-based Internet retailer...

12 Jun 2015

EU opens anti-trust probe into Amazon e-book business

"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 which may shield the company from competitors, including the right to be informed of more favourable terms.

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

Source: AFP

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za