Tag: amazon

DOJ Tells Judge To Revive Amazon’s Antitrust Suit

Editorial

The Biden administration asked a judge to revive a lawsuit by Washington, D.C., accusing Amazon.com Inc. of anticompetitive behavior, Bloomberg reported. The suit was dismissed on March 18 after a Superior Court judge held there was no evidence to support allegations that Amazon’s contracts with merchants inflated prices for consumers. But the U.S. Justice Department said in a court […]

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Apple’s Facing an Epic Battle for its App Store, $5 Billion in Fines and Changes

Editorial

Apple is facing four antitrust investigations in Europe related to its App Store. Epic Games filed a lawsuit in the U.S. against the company for anticompetitive practices in the App Store and Germany, Japan and Australia have shown interest in these developments. The EU probe may bring more than $5 billion in fines and changes to the Apple’s App Store.

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Google, Facebook, Amazon Push For New Antitrust Markets

Editorial

Internet companies, and regulators for that matter, are increasingly using the word “ecosystem” to describe their business models. Those days where these companies operated just in one market are long gone. Google’s self-driving car unit, Waymo, has driven more miles than any other company, Facebook is planning to launch GlobalCoin, a crypto currency. Apple partnered with Goldman Sachs and Amazon isn’t a bookstore anymore. How this is going to affect market definitions?

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Amazon’s EU Antitrust Woes Have Just Started

Editorial

Amazon.com is facing three antitrust investigations across Europe. Germany and Austria opened probes against the company in 4Q and the European Commission is conducting a preliminary investigation over Amazon’s use of third-party sellers’ data. A $5 billion fine similar to the one imposed on Google isn’t likely given Amazon’s revenue in the market, but what it is at stake here is more than just money.

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