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Amazon (AMZN) Faces €59M Fine and Pricing Ban in Germany, Shares Slide

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The Story

News Summary

  • Germany’s competition regulator banned Amazon from using automated pricing tools for third-party sellers and fined the company €59 million for anticompetitive practices, restricting its marketplace operations in Germany and affecting seller pricing transparency.
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AMZN price history

252.30 +7.88% over the displayed period

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