is seeking to settle two EU antitrust investigations to stave off potential hefty fines and orders to change its business practices, people familiar with the matter said.
It also opened 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. Settlement talks can take months to wrap up, with no guarantee that both sides will reach an agreement.The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa/File PhotoAmazon, however, may find a receptive ear in EU antitrust chief Margrethe Vestager compared to Alphabet unit Google, which tried but failed to settle with her.
An offer to settle gives a company an opportunity to take the edge off regulatory demands for changes to business practices seen as anti-competitive.
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