Audio By Carbonatix
The European Commission has charged Amazon with breaking competition rules, accusing it of abusing its dominant position in online retail.
It said the tech giant had used data on the third-party sellers that use its marketplace to gain an advantage.
It also launched a fresh investigation into the possible preferential treatment of sellers that use Amazon's logistics and delivery services.
Amazon rejected the charges, saying it offered consumers more not less choice.
#RT @BBCBusiness: Amazon: EU charges tech giant with breaking competition rules https://t.co/eMPHqIxKjh
— EmmbrookBusiness (@EmmbrookBusEco) November 10, 2020
In a statement, the EU's Competition Commissioner Margrethe Vestager said it was vital that platforms with "market power" such as Amazon did not "distort competition".
"Data on the activity of third party sellers should not be used to the benefit of Amazon when it acts as a competitor to these sellers," she added.
"With e-commerce booming, and Amazon being the leading e-commerce platform, a fair and undistorted access to consumers online is important for all sellers."
It has been investigating Amazon since July last year, following complaints from traders.
Amazon faces a potential fine as high as 10% of its global turnover if it is found guilty of breaching competition law - about ÂŁ15bn ($19bn).
In a statement Amazon insisted that - far from being anti-competitive - its private-label products were good for customers and offered more choice.
"Amazon represents less than 1% of the global retail market, and there are larger retailers in every country in which we operate," it said.
"No company cares more about small businesses or has done more to support them over the past two decades than Amazon."
It also pointed out that there are more than 150,000 European businesses selling through its online marketplace.
Latest Stories
-
UK Fire Aid donates fire tender, equipment to GNFS to boost emergency response
3 hours -
Man’s hand severed in cutlass clash at Akyem Nkwanum
3 hours -
McIlroy ‘more motivated than ever’ before return
3 hours -
No clear law governs re-arrest of discharged suspects – Justice Abdulai on Hanan, wife re-arrest
4 hours -
GES releases 2026/27 academic calendar; BECE set for May 2027
4 hours -
UCL: PSG beat Bayern on aggregate to set up final against Arsenal
4 hours -
Tariq Lamptey set to have Fiorentina contract terminated – Reports
4 hours -
Four burnt to death in head-on collision at Anyinasin Junction
4 hours -
Ghana, UAE agree to deepen energy and investment cooperation
5 hours -
Old Tafo Assembly cracks down on encroachment at Atimatim Junction
5 hours -
FIFA impose worldwide ban on Benfica’s Prestianni
5 hours -
Kasoa hillside residents fear erosion as climate change intensifies rainfall, experts call for urgent action
5 hours -
Stalled Kumasi, Takoradi market projects to resume as gov’t moves to secure funding
6 hours -
NPP demands release of Hanan Abdul-Wahab, wife, cites abuse of power by EOCO
7 hours -
GES warns schools against unauthorised fee collection from students
7 hours