Amazon is now facing a prosecution in Europe as it is keeping track of other companies’ sales though Amazon’s platform and uses these data to compete with them.
This is not shocking nor new. Margrethe Vestager, the European Commission’s vice-president, said the commission’s preliminary conclusion was that Amazon used “big data” to illegally distort competition in France and Germany, the biggest online retail markets in Europe.
EU also decided to open a second investigation into Amazon’s business “over concerns that the Seattle-based company set rules on its platform to benefit its own offers and those independent retailers using its logistics and delivery services.”
EU should not only be content with fines, well unless the fines are billions. EU should force appropriate laws on these companies to be sure other companies, that are not as big as Amazon, won’t get hurt again and if they do get hurt, their losses will be compensated.