Amazon makes concessions to EU, hopes to end antitrust probe by year-end

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The European Union’s antitrust regulator, the European Commission, said today that Amazon has offered not to use seller data for its own retail business and made other concessions to end the European Union. antitrust investigation.

Amazon also promises to treat sellers’ Buy Box offers equally. The Buy Box allows consumers to add items from specific retailers directly to their shopping cart, and on Amazon, getting a “buy box” means more sales. The European Commission is seeking feedback on Amazon’s proposed concessions, and competitors and consumers have until September 1 to submit comments and suggestions. After that, the European Commission will decide whether to accept Amazon’s proposal.

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