A PYMNTS Company

Japan: Amazon headquarters raided by nation’s regulator

By  |  March 15, 2018

Amazon’s Japanese headquarters in Tokyo has been raided by the country’s fair trade watchdog on suspicion of violation of antitrust regulations, reported the Wall Street Journal.

    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 Japanese Fair Trade Commission (JFTC) said on Thursday, March 15, that Amazon Japan was being investigated after allegations that the company improperly asked suppliers to shoulder part of the costs of discounting their products on the retail site. Amazon Japan said Thursday that it was “fully cooperating” with JFTC, but declined to comment on the details of the allegations.

    Amazon Japan has come under regulatory scrutiny before. In a previous antitrust probe, the JFTC found the firm had required suppliers that sell their products on multiple
    platforms to list them on Amazon Japan at the same or lower price.

    Full Content: Wall Street Journal

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