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In Foreign Affairs

Amazon charged with abuse of power and limiting the competition

26th May 2021 Chris Kimble

Amazon charged with abuse of power and limiting the competition Pin It

Washington D.C. has Amazon.com charged with abuse of power in the online retail market. This was revealed on Tuesday in a statement by U.S. attorney Karl Racine.

In addition, the commission notes that the commission’s assessment of the compatibility of the measure with the internal market is based on the assessment of the compatibility of the measure with the internal market. This keeps prices for consumers artificially high. According to Washington, Amazon’s practices lead to unfair competition.

It also limits consumer choice, according to Washington.

“Amazon has used its dominant position in the online retail market to win at all costs,” Racine said. This is at the expense of external sellers and consumers. The internet giant harms competition and illegally makes it a winner.

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