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Amazon Gets Tougher German Oversight, New Probe by UK’s CMA (1)

July 6, 2022, 9:40 AM

Amazon.com Inc. became the third US tech giant to be subject to Germany’s tough new antitrust rules targeting the dominance of a handful of powerful digital firms, and will also face a separate probe in the UK.

Germany’s Federal Cartel Office on Wednesday said more than every second euro in German online retail is being spent on Amazon, making its market position dominant.

“Amazon is the key player in the field of e-commerce,” said Andreas Mundt, the office’s chief. The decision means “that we can target and prevent potentially anti-competitive behavior by Amazon more effectively than before.”

The …

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