Friday, 3 November, 2023

UK Competition Regulator Investigates Amazon and Meta Over Marketplace Practices

The UK Competition and Markets Authority (CMA) has initiated an investigation into the online marketplace practices of tech giants Amazon and Meta, focusing on potential anti-competitive behavior. CMA's scrutiny comes as part of a broader effort to ensure fair competition within the e-commerce sector. The investigation aims to address concerns regarding potential misuse of marketplace dominance, potentially leading to regulatory actions.