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amazon eu antitrust fine avoid boost rival products visibility stop seller data use amazon

Amazon Offers to Boost Rival Products’ Visibility, Stop Using Sellers’ Data to Avoid EU Antitrust Fine

Amazon has offered to refrain from using sellers' data for its own competing retail business and boost the visibility of rival products on its platform, EU regulators said on Thursday, a move aimed at staving off a possible hefty fine. The US online retail giant offered to treat sellers equally when ranking their offers for the "buy box" on its website and which generates the bulk of its sales, confirming a Reuters story. Sellers will also be allowed to choose their own logistics and delivery services company instead of…