Amazon can in theory see the prices of the listed retailers (on its platform), undercut their prices and in the long run attract all that business. - StatementRecently, a spokeswoman for Austria’s Federal Competition Authority answered in affirmative when asked whether the complaint holds any ground.
We have received a complaint. We are examining itAlthough she was clear that at this stage the BWB would thoroughly examine the complaint, certain documents are reportedly said to be available to the Austrian newspaper Der Standard, claiming that the BWB would soon launch an investigation into the US eCommerce giant. Although Amazon was not available for comment, the spokeswoman was reported saying “Those documents are not ours,” in response to the statement by Der Standard. In an eCommerce marketplace where 93% of Austrian online shoppers have atleast made one purchase from Amazon, it is important that the other retailers are too given a fair chance to compete and sell their goods.
India Coronavirus Cases Update 151,767 Total 4,337 (2.9%) Deaths 64,426 (42.5%) Recovered
27 May 2020, 4:23 AM (GMT)