Amazon reaches deal with German watchdog to overhaul terms of service for third-party merchants

FRANKFURT: Amazon has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, taking action to appease regulators as pressure on the e-commerce giant grows in Europe and the United States.
The Federal Cartel Office said on Wednesday it was dropping a seven-month investigation after Amazon agreed to amend its Business Services Agreement that applies to merchants using its platform.
Neighbouring Austria ended a similar probe into Amazon, yet a full-blown European Union antitrust probe still looms. Lawmakers in the United States meanwhile grilled an Amazon boss on Tuesday over how the company treats merchants.