Amazon has dropped a third-party seller pricing policy that drew criticism and scrutiny from German antitrust officials, AllThingsD reported on November 26.
Amazon’s policy was accused of being anti-competitive, due to an agreement clause that restricted sellers from using lower prices on other eCommerce platforms.
Following the abandonment of the seller policy, Germany’s cartel office reportedly closed its Amazon investigation.
To learn more about Amazon’s policy and its change of strategy, read the full story here.
“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.