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Australian antitrust regulator begins inquiry into Amazon, eBay local units
- Thursday | 22nd July, 2021
SYDNEY (Reuters) – The Australian antitrust regulator on Thursday began 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 regulator said it would examine the relationships between large online markets and third-party sellers and shoppers, including competition impacts and handling of data, complaints and reviews. Overall, Australian online purchases jumped 57% in 2020 for a record $50.5 billion spend amid a series of coronavirus lockdowns, it added. The ACCC has been conducting a series of investigations in recent months as part of a broader Digital Platform Services Inquiry. ($1 = 1.3609 Australian dollars)(Reporting by Byron Kaye; editing by Jane Wardell and Michael Perry)
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