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@ 2023/11/07Can’t sell it to give them an unfair advantage
The UK’s Competition and Markets Authority has made Facebook and Amazon promise not to sell third-party seller data that gives it an unfair commercial advantage.
In Amazon's case, the e-commerce giant used vendors' sales figures to decide which items it should sell and how much to price products to get an edge over everyone else, the CMA said.
The internet giant promoted its products with its Buy Box feature, and it further cut into retailers' margins by charging extra costs if they wanted to use Amazon's Prime delivery services, the CMA said.
The UK’s Competition and Markets Authority has made Facebook and Amazon promise not to sell third-party seller data that gives it an unfair commercial advantage.
In Amazon's case, the e-commerce giant used vendors' sales figures to decide which items it should sell and how much to price products to get an edge over everyone else, the CMA said.
The internet giant promoted its products with its Buy Box feature, and it further cut into retailers' margins by charging extra costs if they wanted to use Amazon's Prime delivery services, the CMA said.
