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AMZN Amazon.com Inc

180.12
6.45 (3.71%)
27 Apr 2024 - Closed
Delayed by 15 minutes
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
  6.45 3.71% 180.12 180.09 180.12 180.82 176.13 177.85 43,919,843 00:59:46

UK Competition Regulator Launches Probe Into Amazon

06/07/2022 12:40pm

Dow Jones News


Amazon.com (NASDAQ:AMZN)
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By Jaime Llinares Taboada

 

The U.K. competition regulator said Wednesday that it has launched an investigation into Amazon.com Inc.

The Competition and Markets Authority said the probe will consider whether the U.S. group has a dominant position in the U.K. and whether it is distorting competition to favor its own retail business or sellers, compared with other third-party sellers on the Amazon UK Marketplace.

The British watchdog said this probe follows a current European Commission investigation looking into similar concerns.

Amazon didn't immediately respond to a request for comment.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

July 06, 2022 07:25 ET (11:25 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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