homeworld NewsAustralian regulator to probe Amazon, eBay and other online markets

Australian regulator to probe Amazon, eBay and other online markets

The Australian antitrust regulator on Thursday kicked off an inquiry into the local units of Amazon.com Inc, eBay Inc and other online markets to ensure fairness in a sector where sales have soared through the coronavirus pandemic. The ACCC will examine the relationships between large online markets and third-party sellers and shoppers, including competition impacts and handling of data, complaints and reviews.

By Reuters Jul 22, 2021 8:28:53 AM IST (Published)


The Australian antitrust regulator on Thursday kicked off an inquiry into the local units of Amazon.com Inc, eBay Inc and other online markets to ensure fairness in a sector where sales have soared through the coronavirus pandemic.
The Australian Competition and Consumer Commission (ACCC), which previously slapped the world's toughest content licencing rules on internet giants Facebook Inc and Alphabet Inc's Google, called for industry submissions.
"Online marketplaces are an important and growing segment of the economy so it is important that we understand how online marketplaces operate and whether they are working effectively for consumers and businesses," ACCC Chair Rod Sims said in a statement. "We want to be sure that the rules that apply to traditional retail are also complied with in the online context."