UNITED KINGDOM — Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its own market share and profits. The British Independent Retailers Association (BIRA), an umbrella body grouping numerous small traders, was due to file the lawsuit on behalf of around 35,000 retailers at the Competition Appeal Tribunal (CAT) in London on Thursday, its lawyers said... reuters.com
Pages
Thu Apr 24 2025 12:03:10 GMT+0000 (Coordinated Universal Time)
• Amazon's Twitch announced that it was laying off 500 staff, reportedly one third of the company
• Forty Innovative Ways to Leverage Artificial Intelligence (AI) Technology for Profit - How to Use AI to Make Money, Generate Profits for Your Business and Increase Your Income
• Gold price jumps amid trade war fears • U.S. crude oil losses deepen • Elon Musk’s net worth sinks • Nigerian Naira Plunges, and more - Tuesday 08/April/2025 Top Business News Headlines
• US imposes 14 percent tariff on Nigeria • Amazon wants to buy TikTok • Asia-Pacific markets slide after Trump's tariff, and more - Thursday 03/April/2025 Business News Headlines
• Vaccine stocks fall • Apple faces $162 million fine • BoE plans to raise deposit guarantee, and more - Monday 31/March/2025 Top Business Headlines
• China invites U.S. business leaders • Alibaba to support Nigerian exporters • US farmers express dismay, and more - Wednesday 26/March/2025 Top Business Headlines
Amazon is facing $1.3 billion lawsuit from British retailers over misused of data to boost market share and profits
Share ☞ Copy Link: 🔗 https://newsblist.blogspot.com/2024/06/amazon-is-facing-13-billion-lawsuit.html
Published (Updated) on Thursday, June 6, 2024
• Amazon's Twitch announced that it was laying off 500 staff, reportedly one third of the company
• Forty Innovative Ways to Leverage Artificial Intelligence (AI) Technology for Profit - How to Use AI to Make Money, Generate Profits for Your Business and Increase Your Income
• Gold price jumps amid trade war fears • U.S. crude oil losses deepen • Elon Musk’s net worth sinks • Nigerian Naira Plunges, and more - Tuesday 08/April/2025 Top Business News Headlines
• US imposes 14 percent tariff on Nigeria • Amazon wants to buy TikTok • Asia-Pacific markets slide after Trump's tariff, and more - Thursday 03/April/2025 Business News Headlines
• Vaccine stocks fall • Apple faces $162 million fine • BoE plans to raise deposit guarantee, and more - Monday 31/March/2025 Top Business Headlines
• China invites U.S. business leaders • Alibaba to support Nigerian exporters • US farmers express dismay, and more - Wednesday 26/March/2025 Top Business Headlines
Subscribe to:
Post Comments (Atom)
Share Your Thoughts