Last August Amazon announced it will be removing the requirement for its merchants, which forced them to offer their best prices if they were to sell on its network. The
The U-turn happened after the German antitrust authorities opened investigation against Amazon and the company faced further consequences had it failed to comply with regulations. Since Amazon has agreed to drop requirements that were hurting the competition, the German watchdog announced today that it will be closing the investigation and won’t be taking further action against the company.
Let the holiday shopping resume then!
- German antitrust agency shelves Amazon probe (seattlepi.com)
- German watchdog ends Amazon probe after pricing concession (scooprocket.com)
- physorg: German antitrust agency shelves Amazon probe (phys.org)
- German Antitrust Agency Shelves Amazon Probe (abcnews.go.com)
- German antitrust agency shelves Amazon probe after online retailer changes regulations (canadianbusiness.com)