EU: Commission opens Amazon antitrust investigation

Amazon is facing an investigation by the European Commission into its e-book contracts with publishers, announced the New York Times.

European regulators have opened a formal antitrust investigation into clauses included in Amazon’s contracts with publishers that require them to inform Amazon about more favourable terms offered to the retailer’s competitors. The contracts also require publishers to ensure Amazon is offered terms that are at least as good as those for its competitors.

The commission said it was concerned these clauses may make it more difficult for other e-book distributors to compete with Amazon, reducing choice for consumers.

“Amazon has developed a successful business that offers consumers a comprehensive service, including for e-books. Our investigation does not call that into question,” EU Commissioner in charge of competition policy Margrethe Vestager said. “However, it is my duty to make sure that Amazon’s arrangements with publishers are not harmful to consumers, by preventing other e-book distributors from innovating and competing effectively with Amazon. Our investigation will show if such concerns are justified.”

Full content: The New York Times

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