Amazon hit with first financial penalty by German anti-trust watchdog | dpa international - feddit.org

> Germany’s anti-trust authority on Thursday ordered Amazon to pay around around €59 million ($69.6 million) for imposing unlawful pricing requirements on third-party sellers. (…) > > Third-party sellers on the platform are subject to Amazon’s pricing rules. > > For instance, if a seller’s price is deemed too high, the offer may be removed from the Marketplace or excluded from the prominently displayed Buy Box section, effectively rendering it invisible to most customers. > > This practice can lead to significant revenue losses for sellers, the cartel office said.