Amazon: European Union levels antitrust charges

Amazon is “gearing up for a legal fight” in Brussels after European Union regulators brought antitrust charges against the e-commerce giant this week, said Adam Satariano in The New York Times. After a “review of data on more than 80 million transactions,” EU competition czar Margrethe Vestager accused Amazon of breaking the law by “harvesting nonpublic data from sellers” in Germany and France and selling copycat products, “often at a lower price.” Vestager also initiated an investigation of the “Buy now” button on Amazon’s website and whether Amazon “gives preferential treatment to its own products.”