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Amazon Japan raided by anti-monopoly authorities
Amazon Japan has said it will collaborate with Japan’s Fair Trade Commission (JFTC) after the watchdog conducted an on-site inspection related to
Although a U.K. class action-style lawsuit, filed in October 2022, is suing the company over the issue with a goal of extracting more than $1 billion in damages for local consumers it claims were harmed by Amazon’s action. The U.S. Federal Trade Commission and attorneys generals from 17 states filed suit back in September 2023 accusing the e-commerce giant of illegally stifling competition, including by meddling in the pricing of products on its platform. Reuters reported last week that the bloc’s authorities suspect it of giving preferential treatment to its own branded products on its marketplace — which would be a contravention of a ban on self preferencing it’s subject to under the Digital Markets Act (DMA).
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