Education and Technology

EU hits Amazon with antitrust charges. A huge fine could follow

EU hits Amazon with antitrust charges. A huge fine could follow

The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company's business practices. Margrethe Vestager, the European Commission's top antitrust official, accused Amazon on Tuesday of illegally abusing its dominant position as an online marketplace in Germany and France, the company's biggest markets in the European Union.

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