Amazon’s market power is enormous. In e-commerce, the company accounts for 60 percent of online sales in Germany. The Federal Cartel Office (Bundeskartellamt) is taking action against the abuse of that power. This is an important, though long-overdue step.
We are part of the Digital Merger Watch (DMW) project. In this project, we track Big Tech’s mergers and acquisitions. Here is our latest update.
Guest article by Dr. Silvia Weko.
Amazon has grown rapidly in recent decades. The original online bookseller has expanded its business to include logistics, AI, robotics and cloud services. Now Amazon is also making inroads into the energy sector. What does this mean for the energy transition and the power of big tech companies?
How the US Department of Justice wants to break Google’s monopoly power +++ When the antitrust proceedings against Meta will start +++ How Amazon is preventing lower prices in online retail +++ Why the Federal Cartel Office cannot investigate the takeover of AI start-ups by Microsoft
Amazon is the fifth largest company in the world and dominates online retail. A report commissioned by LobbyControl analyses Amazon’s monopoly power. According to the report, only breaking Amazon into several parts will solve the power problem.
