German Cartel Office Drops Amazon Review on Pricing
Germany’s cartel office has dropped proceedings against Amazon.com Inc. after the online retailer satisfied authorities it has abandoned a pricing policy that limited competition.
Antitrust authorities began investigating Amazon earlier this year over a price parity policy it applied to third-party sellers. A clause in the agreement with sellers banned them from offering their products for a lower price on other platforms, such as eBay Inc. or the sellers’ own online shops.