GENERAL
Germany Slaps Amazon with €59 Million Fine Over Alleged Anti-Competitive Price Caps
Germany's Federal Cartel Office has fined Amazon €59 million and banned the e-commerce giant from imposing price caps on third-party sellers in its German marketplace. The FCO alleges this practice is anti-competitive, while Amazon vehemently denies the claims, asserting the decision is unprecedented and conflicts with EU law, and vows to appeal.