A PYMNTS Company

EU: EC competition boss prepares to question retailers

 |  March 29, 2015

The European Commission announced on Friday the start of a year-long probe into whether e-commerce giants such as Amazon and Netflix have policies that restrict the ability of merchants and consumers to buy and sell goods and services across Europe’s borders.

“It is high time to remove remaining barriers to e-commerce, which is a vital part of a true Digital Single Market in Europe,” said EU competition commissioner Margrethe Vestager in a statement. “The envisaged sector inquiry will help the Commission to understand and tackle barriers to e-commerce to the benefit of European citizens and business.”

In the new e-commerce probe, EC is looking at how companies themselves may be creating roadblocks to letting consumers buy goods online across the region.

 

Full Content: VentureBeat

 

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