Amazon antitrust probe
The European Union has launched an antitrust investigation into online retailer Amazon.com Inc. over its distribution of e-books.
The European Commission said Thursday that it would investigate certain clauses in Amazon’s contracts with publishers, including a requirement for publishers to inform the company about arrangements it has with Amazon competitors.
If the European Commission finds that Amazon’s arrangements limit competition and reduce consumer choice, then it could be violating antitrust rules in Europe that prohibit companies from abusing their dominant market position.
Amazon said it was confident that its agreements with publishers were legal.