EU prepares to move against Amazon

Since last year, the EU has been investigating Amazon’s anti-competitive practices and is now on the verge of filing formal antitrust charges, specifically over its use of data from third-party marketplace sellers. The Wall Street Journal reports (subscription required), “If the company is found in violation, the commission can force Amazon to change business practices and fine it as much as 10 percent of its annual global revenue—or as much as $28 billion, based on 2019 figures.” California and Washington state are also moving ahead with investigations. Learn more at The New York Times (subscription required).