German antitrust watchdog launches new proceedings against Amazon
Germany’s antitrust watchdog said on Tuesday it has launched a new investigation into whether US e-commerce giant Amazon is exploiting its market dominance.
“In a first step, we are looking at whether Amazon is of outstanding, cross-market importance for competition,” the Federal Cartel Office said in a statement.
Should it find that such a marketing position exists, new rules for digital companies would allow it to prohibit any anti-competitive behaviour at an earlier stage, the watchdog said.
Changes to Germany’s antitrust laws for digital corporations, which came into effect earlier this year, give the Cartel Office more power in identifying and prohibiting some companies’ dominant positions.