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Amazon Faces EU Disciplinary Action

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Amazon Faces EU Disciplinary Action

Amazon Faces EU Disciplinary Action

Business Insider reports that The European Union is looking at Amazon for abuses of power.

Amazon could face disciplinary or regulatory action in Europe in the future if the EU decides it has abused its power.

The European Union intends to announce whether it believes Amazon's data practices warrant further investigation.

The announcement will come from Margrethe Vestager, head of competition policy in Europe.

A thorough investigation by the EU in the next few months could lead to consequences for Amazon.

The consequences are, at best, expensive in the short term or, at worst, restrictive in the long term.

Amazon's unique position of power and the way it wields that power are creating antitrust skepticism in the EU.

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