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Business

Amazon fined 4 mn euros in France over competition issues

PARIS: Online retail giant Amazon  was fined 4 million euros  ($4.5 million) by the Paris commercial court for introduci

September 04, 2019

PARIS: Online retail giant Amazon  was fined 4 million euros  ($4.5 million) by the Paris commercial court for introducing abusive clauses in its contracts with third-party vendors, French website Nextinpact reported on Tuesday.

The decision by the Paris commercial court was not immediately available.

"The court ruled on a limited number of clauses, most of which were already updated earlier this year," Amazon said in a written comment sent to Reuters.

"As always, we remain focused on developing the best possible service for our customers and sales partners."

The French consumer fraud watchdog at the finance ministry, which had taken the matter to court, did not return a request for comment.

Copyright Reuters, 2019