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While distributors set their very own product costs, Amazon has insurance policies in place to “help ensure selling partners are pricing their products competitively,” the corporate stated Sunday.
world
Updated: Aug 17, 2020 06:21 IST
Germany’s antitrust regulator is wanting into whether or not Amazon.com Inc. is abusing its on-line market dominance to exert pricing strain on sellers, Frankfurter Allgemeine Zeitung reported, citing the body’s president.
The Federal Cartel Office is “investigating whether and how Amazon influences retailers’ pricing” on its market, Andreas Mundt advised FAZ in an interview.
His workplace was reacting to complaints that the US tech big blocked particular person sellers as a result of they allegedly charged extreme costs through the first months of the coronavirus disaster. Mundt stated the regulator is evaluating Amazon’s response to its questions.
While distributors set their very own product costs, Amazon has insurance policies in place to “help ensure selling partners are pricing their products competitively,” the corporate stated Sunday in an emailed assertion. “Our systems are designed to take action against price gouging.”
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