Amazon Settles German Antitrust Probe Ahead of EU Battle
- Online giant to change business terms worldwide to fix issues
- Probe of sellers’ complaints adds to EU antitrust scrutiny
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Amazon.com Inc. struck a deal with Germany and Austria to shut down antitrust probes into how it handles other merchants on its site, just as it faces a bigger European Union investigation into its use of sellers’ data.
The U.S. retail giant will change its business services agreement worldwide in mid-August to address a number of complaints from sellers, the German Federal Cartel Office said in an emailed statement on Wednesday.