Regulators raid Amazon Japan on suspicion of anti-trust violation
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Amazon Japan said on Thursday it had been raided by the Japan Fair Trade Commission on suspicion of possible anti-trust violation.
Citing sources related to the matter, Kyodo news agency said the online retailer is suspected of possibly asking suppliers to shoulder part of the cost incurred from selling their products at a discount on Amazon Japan.
The Japan Fair Trade Commission did not immediately comment on the case. Amazon Japan said it was cooperating fully with regulators, declining to elaborate.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore