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UK retailers file a £1.1B collective action against Amazon over claims of data misuse

TechCrunch LogoTechCrunch4w ago

UK retailers file a £1.1B collective action against Amazon over claims of data misuse - TechCrunch

Quick Summary:

That included a look at whether Amazon accessed “commercially sensitive data” belonging to retailers to use it to determine Amazon’s own pricing, how it determines what sellers are featured in the “Buy Box” and more.

Whilst the retailers knew about the large commissions charged by Amazon, they did not know about the added risk of their trading data being used by Amazon to take sales away from them.

The British retailers association also takes aim at Amazon’s “Buy Box,” claiming that Amazon manipulated which retailers were selected for the coveted placement.


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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-06 @ 16:14:57 (4 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1515 words

Reading Time: 9 minutes read

Sentences: 56 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21167309

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