Muqeem Ahmed, London,
UK Competition and Markets Authority hinted a launch of probe against e-retail company Amazon.
According to sources, CMA has been analyzing Amazon’s business activities for several months and trying to find out whether Amazon is using the data from its platform properly. The investigation will also look at whether Amazon itself has been benefiting by prioritizing others.
The petition against Amazon alleges that it allegedly favors those merchants who hire it for delivery and logistics services.
It is to be noted that Amazon is also facing a similar investigation by the European Union and if these allegations are found to be true, Amazon’s reputation could be affected and the company could face heavy fines.