Amazon price rules anti-competitive: German regulator

Core Viewpoint - Amazon's pricing rules are deemed an abuse of market power by Germany's competition watchdog, potentially leading to demands for changes in its business practices in Germany, which is Europe's largest economy [3][4]. Group 1: Market Position - Amazon accounts for approximately 60% of online retail revenue in Germany, highlighting its dominant position in the market [3][5]. - The Federal Cartel Office has raised concerns about Amazon's influence on pricing, particularly as it competes directly with other marketplace retailers on its platform [4][6]. Group 2: Regulatory Actions - The German regulator has initiated an investigation into Amazon's pricing rules, which began in November 2022, focusing on the implications of price caps imposed on third-party sellers [6]. - Amazon has the opportunity to respond to the regulator's preliminary ruling, indicating ongoing discussions regarding its business practices [5]. Group 3: Company Response - Amazon disputes the findings of the cartel office, asserting that its pricing rules benefit customers by ensuring competitive pricing, availability, and delivery speed [5][6]. - The company faces additional allegations of anti-competitive behavior from US regulators, further complicating its regulatory landscape [6].