E.U. to announce antitrust charges against Amazon Tuesday: Financial Times
Published Date: 11/10/2020
Source: CNBC Television
The Financial Times reports that the European Commission will announce formal antitrust charges against Amazon Tuesday. The case focuses on the online retailer's dual role as both as a marketplace for third-party vendors and as a competitor that sells its own goods. The Financial Times says the E.U. is looking into how Amazon uses data it gathers on merchants to compete against them. CNBC's Andrew Ross Sorkin and Joe Kernen discuss.