German Regulators Investigate Amazon Anti-Gouging Policies
Germany's antitrust regulator is launching an investigation into Amazon (NASDAQ: AMZN) for its effort to stop price-gouging during the pandemic, saying the e-commerce giant "must not be a controller of prices."
It's a curious charge considering that earlier this year, regulators in Italy announced that Amazon and eBay were being investigated for not doing enough to prevent third-party sellers from gouging consumers early on in the crisis. But Germany's action may stem from an agreement Amazon had in place with regulators years earlier regarding pricing policies of third-party sellers.
Image source: Amazon.com.
Source Fool.com
