Amazon in Trouble in UK – Facing $1.3 Billion Lawsuit from Collective | Tips for Online Businesses | Ecommerce Strategies
E-commerce giant Amazon has recently found itself in hot water in the UK, facing a massive $1.3 billion collective lawsuit for allegedly violating antitrust laws. The lawsuit, which was filed by the consumer rights group Which?, accuses Amazon of unfairly profiting from its dominance in the online marketplace, stifling competition, and driving up prices for consumers. The lawsuit, which is the largest of its kind in UK history, alleges that Amazon has been engaging in anti-competitive practices such as using its vast trove of consumer data to gain an unfair advantage over smaller sellers on its platform. This, in turn, […]
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