A PYMNTS Company

EU: Antitrust probe into e-commerce sector launched

By  |  May 6, 2015

The EU formally opened an anti-trust inquiry into Europe’s online shopping marketplace on Wednesday amid concerns about how major websites such as Amazon and Google use their influence.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The competition probe is the most aggressive part of a new digital market strategy unveiled by the European Commission vice president Andrus Ansip aimed at dragging the 28-state bloc into the 21st century.

    “The European Commission has launched a competition inquiry into the e-commerce sector in the European Union in the context of the Digital Single Market Strategy,” the Commission said in a statement.

    The anti-trust probe will particularly focus on areas such as electronics, clothing, shoes and digital content for which so-called e-commerce is most used for, it said.

     

    Full content: The New York Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.