Amazon facing tougher antitrust scrutiny in Europe

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Amazon facing tougher antitrust scrutiny in Europe
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Regulators in Europe are increasing their pressure on Amazon over antitrust concerns.

The United Kingdom-based Competitions and Markets Authority announced Tuesday that it opened an investigation into whether the e-commerce platform's practices are anti-competitive and harmful to consumers. A day later, Germany's Federal Cartel Office announced that it was categorizing Amazon as a company in a manner that would allow regulators to stop it from engaging in anti-competitive behavior.

"We will work closely with the CMA during their investigation, although we believe we've always worked hard to help small businesses selling on Amazon to succeed, which is in both their and our best interests," an Amazon spokesperson told the Washington Examiner. "We remain proud of the continued support we provide to businesses of all sizes across the U.K.

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