The Technology 202: EU's top competition cop says Amazon probe in 'quite advanced' stage
European Union Commissioner Margrethe Vestager speaks at South by Southwest.
Margrethe Vestager — who has emerged as the world’s toughest Big Tech regulator — is racing against the clock to determine whether to bring a formal antitrust case against the e-commerce giant before her term as commissioner ends in October. Her teamfrom businesses that sell products on its platform to inform its own product sales and undercut its competitors.
As Europe seeks to crack down on Big Tech, Vestager is especially focused on the competition issues that arise when companies are both marketplaces that host other sellers -- and retailers competing to peddle their own products. Vestager wants to make sure the biggest players that drive the digital economy -- a la Amazon -- are not abusing their market dominance and hurting consumers as they use data from competitors to inform their own business decisions.
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