EU antitrust regulator probes Amazon e-book distributionJune 11, 2015 - 15:00 AMT PanARMENIAN.Net - The EU's antitrust regulator opened a formal investigation on Thursday, June 11, into Amazon's e-book distribution, in the latest Brussels inquiry to target the U.S.-based Internet retailer, according to AFP. "It is my duty to make sure that Amazon's arrangements with publishers are not harmful to consumers by preventing other e-book distributors from innovating and competing effectively with Amazon," Competition Commissioner Margrethe Vestager said in a statement. "Our investigation will show if such concerns are justified," she added. The European Commission, the EU executive's arm, is probing clauses Amazon has with its publishers which may shield the company from competitors, including the right to be informed of more favorable terms. Brussels is already conducting a separate investigation into Amazon's tax arrangements over its tax deals in Luxembourg, one of a series of such probes targeting major global firms. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. |