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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Amazon.com Inc | NASDAQ:AMZN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.21 | -0.11% | 186.00 | 186.04 | 186.15 | 27,606 | 10:08:51 |
From May 2019 to May 2024
By Natalia Drozdiak
BRUSSELS--The European Union's antitrust watchdog Tuesday said it was seeking public feedback to commitments offered by Amazon.com Inc. (AMZN) to settle an investigation into the whether the e-commerce giant imposes illegal terms on publishers that harm purchasers of electronic books.
The European Commission, the bloc's competition regulator, said Amazon offered not to enforce or include in new contracts clauses that require publishers to inform or offer Amazon similar terms as those offered to rivals.
The EU opened a formal probe into Amazon's e-books business in 2015 over concerns that the clauses make it harder for other e-book retailers to compete with Amazon.
If the EU formally adopts the Amazon commitments, they would apply for five years to e-book agreements in Europe. Amazon could be fined up to 10% of global revenue if it goes back on its pledges.
Write to Natalia Drozdiak at natalia.drozdiak@wsj.com
(END) Dow Jones Newswires
January 24, 2017 06:05 ET (11:05 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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