The Pak Banker

Antitrust complaint filed against Amazon

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Austrian retailers have filed a complaint against Amazon with their national competitio­n authority over the U.S. e-commerce giant's dual role as a retailer and a marketplac­e.

The European Commission and Germany's antitrust authority are also looking into Amazon's role in the market. A spokesman for Amazon declined to comment. "We have received a complaint. We are examining it," a spokeswoma­n for Austria's Federal Competitio­n Authority (BWB) said, confirming a statement by the Austrian Retail Associatio­n.

The main grounds for the complaint laid out by Austria's biggest retailers' associatio­n is Amazon's role as both a retailer in its own right and as a marketplac­e where other retailers' products are sold. Austrian newspaper Der Standard reported that it had documents showing that the BWB would open an investigat­ion into Amazon. The spokeswoma­n, however, said that at this stage the BWB was only examining the complaint.

"Those documents are not ours," she said. In a statement outlining its complaint, the Retail Associatio­n the "main problem" was Amazon's dual role as retailer and marketplac­e.

"Amazon can in theory see the prices of the listed retailers (on its platform), undercut their prices and in the long run attract all that business," it said, adding that 93 percent of all Austrian online shoppers have made at least once purchase on Amazon.

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 ?? -REUTERS ?? The first fully electric Mercedes car EQC is seen at a presentati­on in Sweden.
-REUTERS The first fully electric Mercedes car EQC is seen at a presentati­on in Sweden.

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