Amazon offers to share data, boost rivals to dodge EU antitrust fines - sources

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It's hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover.

The world's largest online retailer is hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover, Reuters reported last year.

It also launched an investigation into Amazon's possible preferential treatment of its own retail offers and those of marketplace sellers that use its logistics and delivery services. Amazon has now proposed to allow sellers access to some marketplace data while its commercial arm will not be able to use seller data collected by its retail unit, the people said.

 

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