German antitrust watchdog launches new proceedings against Amazon

German antitrust watchdog launches new proceedings against Amazon
German antitrust watchdog launches new proceedings against Amazon Copyright (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html
By Reuters
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BERLIN (Reuters) - Germany's antitrust watchdog said on Tuesday it has launched a new investigation into whether U.S. ecommerce giant Amazon is exploiting its market dominance.

"In a first step, we are looking at whether Amazon is of outstanding, cross-market importance for competition," the Federal Cartel Office said in a statement.

Should it find that such a marketing position exists, new rules for digital companies would allow it to prohibit any anti-competitive behaviour at an earlier stage, the watchdog said.

(Reporting by Kirsti Knolle; Editing by Caroline Copley)

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