Amazon may have been misusing data from independent retailers trading through its platform, and the EU is going to look into it — and potentially impose hefty fines on the e-commerce giant. 

The European Commission launched a formal antitrust investigation into the matter Wednesday. 

The EC argues that Amazon has a dual role: It sells products on its own marketplace and it provides a platform for independent retailers to sell through Amazon, too. But the Commission’s preliminary investigation found that Amazon uses “competitively sensitive information” about these independent retailers, possibly to their detriment.  Read more…

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