Chamber of Progress @progresschamber.org · Feb 5

NEW: Germany’s Federal Cartel Office announced a €59 million fine on Amazon for the company’s pricing rules. The company’s practices prohibited by Germany help ensure that offers on Amazon’s marketplace are the cheapest available.

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Chamber of Progress · Feb 5

Similar practices were examined by the European Commission in December 2022 and the investigation was ultimately closed. Germany’s deviation from EU standards targeting Amazon further fragment Europe’s digital market, a problem that the EU’s Digital Markets Act was meant to correct.