Amazon’s proposal to end antitrust probe by EU should be rejected, argues NGOs: report

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A group of 11 non-governmental groups have reportedly told European Union (EU) regulators that e-commerce giant Amazon’s proposal to halt certain sales and marketing practices should be rejected. They argue that the proposal is to avoid potentially hefty EU antitrust fines and is full of loopholes. The commission had given the third party time till September 9 to give feedback on Amazon’s offer. Amazon had said that it will treat all sellers equally while ranking its offers.

According to a recent report ReutersA group of 11 non-governmental organizations, including Lobbycontrol, the Austrian Federal Chamber of Labour, the Center for Research on Multinational Corporations (SOMO) and the European Public Services Union, have told EU regulators that there is a need to stop some of Amazon’s sales and marketing practices. is proposed. should be rejected.

The groups argue that the proposal is in an effort to avoid potentially hefty antitrust fines from the EU. Non-governmental groups also said that the proposal is full of flaws.

“They are weak, vague and full of loopholes, leaving a lot of room for piracy and abuse by Amazon,” the group said. Furthermore, the proposed limit of these commitments is five years, or indeed at any time horizon, is unfair.” a statement..

To recall, the commission gave third parties until September 9 to respond to Amazon’s proposal.

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