German Antitrust Probe Into Amazon Pricing Policy Ends

Law360, New York (November 26, 2013, 1:28 PM EST) -- Germany's competition watchdog on Tuesday dropped its investigation into Inc. forbidding sellers who use its Marketplace platform from offering their goods for less elsewhere online, after the world's largest online retailer abandoned the policy in the face of antitrust probes in Germany and the U.K.

The Bundeskartellamt, or Federal Cartel Office, announced it was terminating its review of whether Amazon violated competition laws by mandating that its Marketplace vendors offer their lowest prices through the site after the retailer nixed "price parity" clauses from its...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.