CMA, the UK watchdog, is closing its investigations against Meta and Amazon about the use of ad data after securing two commitments from the tech giants. These ensure user and seller protection.
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Amazon will have to shut down the Sold by Amazon program for good because Washington state's attorney general found it was anticompetitive and violated antitrust laws. It ran from 2018 to 2020.
Microsoft has announced its acquisition of PromoteIQ, a provider of vendor marketing tech to online retailers. The company will become a division within the Microsoft Advertising platform.
The Arlington County Board has approved $23 million in local and state subsidies for Amazon's plan to build its second HQ in Crystal City. But the incentives were opposed by community groups.
Amazon has revealed some statistics about small- and medium-sized businesses operating on its platform. Businesses generating more than $1 million in sales grew by 20% during the last year.
Following last week's Black Friday strike by Amazon workers, the company is now facing an antitrust probe in Germany over how it deals with third-party merchants that use its website as a marketplace.
Fresh reports have emerged suggesting bribery practices being conducted by some Amazon employees in China. Those employees are reportedly selling internal sales data to merchants in exchange for cash.
Amazon's free return policy is not risk-free after all as a number of shoppers have received email notifications telling them their account has been terminated for making too many returns.
Jeff Bezos has banked $1 billion after he sold off almost a million shares in online retail giant Amazon, in a likely bid to raise funding for his space tourism project called Blue Origin.
Amazon's one hour delivery service that was launched last year in the United States has expanded to the UK and is now available in parts of London with a minimum purchase of £20.
