Tag AMZN

Amazon.com, Inc (NASDAQ: AMZN) looks to share marketplace data with sellers and boost the visibility of rival products on its platform, Reuters reports. Amazon proposed to allow sellers access to some marketplace data. Its commercial arm will not be able to use seller data collected by its retail unit. Amazon also aimed to form a second buy box for rival products if an Amazon product appears in the first buy box. Also Read: Amazon's Business Practices Catches SEC's Attention Amazon strived to do...

Dozens of companies and business organizations sent a letter to U.S. Congress members on Monday, urging them to support a bill that would rein in the biggest tech companies such as Amazon.com and Alphabet's Google. Last week, Democratic U.S. Senator Amy Klobuchar and lawmakers from both parties said they had the Senate votes needed to pass legislation that would prevent tech platforms, including Apple and Facebook, from favoring their own businesses. Other signatories included the American Booksellers Association, the American Independent Business Alliance, the Institute for Local Self-Reliance and Kelkoo Group...

Amazon has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year, people familiar with the matter said. The world's largest online retailer is hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover, Reuters reported last year. The European Commission in 2020 charged Amazon with using its size, power and data to push its own products and gain an unfair advantage over rival merchants that sell on its online platform...

Amazon has offered to limit its use of seller data and boost the visibility of rival products on its platform in a move that could lead to EU antitrust regulators closing their investigations without a fine by the end of the year, people familiar with the matter said...

(Bloomberg) -- Etsy Inc.’s bad news for investors goes beyond the 65% plunge that’s the second-biggest in the S&P 500 Index this year: The unraveling of the platform for craft sales may have further to go, especially with the fastest inflation in 40 years crimping consumer budgets.Most Read from BloombergChina Alarms US With Private Warnings to Avoid Taiwan StraitGlobal Rout Deepens as Outsized Rate Hike in Play: Markets WrapBitcoin Tumbles to 18-Month Low as US Inflation Impact SpreadsChina Is...

Unusual total active opti... BLUE, BSM, VRAY, DISH, XLY, UUP, AMZN, ENPH, IWM...

Tesla, Coinbase, Amazon and Silvergate Fall Premarket...