Friday, August 30, 2013

Amazon lifts EU restrictions barring merchants from setting lower prices elsewhere


Retailers in the European Union can now set higher prices on Amazon than they do elsewhere online. According to the UK's Office of Fair Trading, Amazon is doing away with a rule that barred all companies offering goods through its Marketplace service from advertising lower prices on other websites. The changes are said to go into effect today and come following a nearly yearlong investigation into whether the practice was anti-competitive, though no decision was ultimately reached. Germany's Federal Cartel Office was investigating the policy as well, reports the BBC. It plans to keep the investigation open until it can confirm that Amazon follows through with the changes, but the Office of Fair Trading says that it's inclined to just...


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via The Verge - All Posts http://www.theverge.com/2013/8/30/4676520/amazon-removes-eu-rule-requiring-lowest-price-parity-online

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