A Sweeping Antitrust Lawsuit Filed Against Amazon On Oct. 27, 2021, Fred Ruckel, the sole seller of the popular cat toy called the Ripple Rug on Amazon, received an automated email from the company that would cost him thousands of dollars per day. The email informed him that his product would no longer be shown …
Boxes of tablets produced by Teva Pharmaceutical Industries. Chris Ratcliffe | Bloomberg | Getty Images Teva Pharmaceuticals, a leading drugmaker, has reached an agreement with the U.S. Department of Justice to pay $225 million in criminal fines. The fines are related to allegations of price fixing involving three medications, including a generic cholesterol drug that …
An Amazon warehouse Getty Images Amazon is implementing a new fee for third-party sellers who choose to ship their own products rather than using the company’s fulfillment services. Starting from October 1, members of Amazon’s Seller Fulfilled Prime program will be required to pay a 2% fee on each product sold. This change was communicated …
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters European Union regulators have initiated an antitrust investigation into Microsoft’s practice of bundling its video and chat app, Teams, with other Office products. The European Commission, the EU’s executive arm, believes that these …
This photograph was taken on June 14, 2023, showcasing the group logo of US company Amazon at the Vivatech technology startups and innovation fair in Paris. Credits: Alain Jocard | AFP | Getty Images Amazon on Wednesday provided commitments to the U.K. Competition and Markets Authority following concerns raised by Britain’s competition watchdog regarding the …