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Stock impact report

Europe to investigate Amazon’s dual role of merchant and platform [Toronto Globe and Mail (Ontario, Canada)]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
For many independent merchants who sell their goods on Amazon.com Inc.’s platform, there has long been deep concern that if the e-commerce giant saw a particular product selling well, the company would duplicate it, but at a lower price. The European Union’s antitrust chief said on Wednesday there may be reason for worry. Margrethe Vestager, the bloc’s Competition Commissioner, announced the start of an investigation into whether Amazon is unfairly using data collected about third-party sellers to make its own decisions about products to sell – information that would give it a potentially anti-competitive edge. Story continues below advertisement The announcement keeps Europe at the centre of a debate about how to regulate global technology platforms. Amazon, whose chief executive, Jeff Bezos, is the world’s wealthiest person, has become a particular focus of antitrust scrutiny, as the company’s vast and quickly expanding business dominates o Show less Read more
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