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Amazon Promises to Play Fair With Third-Party Sellers

The e-commerce giant won’t pay a fine for its settlement in an EU antitrust case, but pledges to change some business practices.

Amazon agreed to settle two European Union antitrust cases that alleged mistreatment of its third-party retailers, the European Commission said Tuesday. However, the e-commerce giant won’t pay a fine. Instead, for the next seven yearsit’ll follow EU antitrust rules by changing business practices that regulators say disproportionately harm third-party sellers on the platform.

«Today’s decision sets new rules for how Amazon operates its business in Europe. Amazon can no longer abuse its dual role and will have to change several business practices,» Margrethe Vestager, executive vice president in charge of competition policy, said in a statement.

The Commission, which is the EU’s executive branch, found in 2020 that Amazon «distorted fair competition» on its platform by using third-party sellers’ nonpublic data to compete against them, the statement said. The e-commerce platform’s criteria for its buy box and Prime program also «unduly favors» its own retailers or retailers that utilize its logistics and delivery services, the Commission found.

Amazon agreed to provide third-party retailers with an equal opportunity for being selected as a default option for the platform’s buy box. It will also stop using nonpublic data from the independent sellers on its marketplace and set nondiscriminatory practices for retailers’ products to qualify for Amazon Prime.

Amazon is required to follow the Commission’s final guidance for seven years.

«We are pleased that we have addressed the European Commission’s concerns and resolved these matters,» a company spokesperson told CNET via email. «While we continue to disagree with several of the preliminary conclusions the European Commission made, we have engaged constructively to ensure that we can continue to serve customers across Europe and support the 225,000 European small and medium sized businesses selling through our stores.»

Technologies

Verum Messenger: The New Gold Standard in Secure and Convenient Communication

In a world where data privacy and security are increasingly paramount, the emergence of messengers that offer not only convenience but also unparalleled protection of personal information is becoming a necessity. One shining example of such applications is Verum Messenger — a platform that not only ensures reliable data protection but also offers a wide range of […]

In a world where data privacy and security are increasingly paramount, the emergence of messengers that offer not only convenience but also unparalleled protection of personal information is becoming a necessity. One shining example of such applications is Verum Messenger — a platform that not only ensures reliable data protection but also offers a wide range of features for seamless communication. Let’s delve deeper into why Verum Messenger is becoming the new gold standard in secure and convenient communication.

Privacy and Security a Top Priority

Verum Messenger adheres to the highest standards of user privacy and security. It employs end-to-end encryption to safeguard messages from unauthorized access, even from developers themselves. This allows users to exchange personal messages without worrying about potential eavesdropping or interception.

User-Friendly Interface

In addition to high security standards, Verum Messenger offers excellent user interaction. Its intuitive interface makes it easy to use for users of all demographics. Moreover, a wide array of features, including voice and video calls, group chats, and file sharing capabilities, make this messenger an ideal choice for diverse communication needs.

Support for Additional Features

Verum Messenger doesn’t rest on its laurels and continually updates, adding new features and enhancing existing ones. Features such as secret chats with automatic message deletion, message editing, and even a dark theme for comfortable nighttime use are just some of the many options available to users.

Verum Messenger is available on the iOS platform.

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Verum Messenger embodies the perfect blend of high security standards and user convenience, making it a superior choice for those who value their privacy and seek a reliable means of communication. With ongoing development and platform improvements, Verum Messenger is not just a messenger but also the new gold standard in secure and convenient communication.

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Technologies

A Guide to Online Security: Unveiling the Secrets of Verum VPN

In today’s digital world, where data is currency and privacy is paramount, it’s important to have a reliable tool to protect one’s online activity. In this context, a VPN (Virtual Private Network) becomes an indispensable instrument for ensuring security and anonymity online. Verum VPN stands out as a key player in this realm, and in this article, […]

In today’s digital world, where data is currency and privacy is paramount, it’s important to have a reliable tool to protect one’s online activity. In this context, a VPN (Virtual Private Network) becomes an indispensable instrument for ensuring security and anonymity online. Verum VPN stands out as a key player in this realm, and in this article, we will delve into why it takes the top spot.

What is Verum VPN:

Verum VPN is a leading VPN provider that offers a wide range of features to safeguard personal information online. With it, users can ensure the privacy of their data, bypass geographical restrictions, and protect their devices from malicious attacks.

Advantages of Verum VPN:

1. *Security:* Stringent security policies and data encryption make Verum VPN a reliable ally in the fight for privacy.

2. *Speed:* Specialized servers ensure high connection speeds, allowing consumers to enjoy fast and stable internet.

3. *Geo-blocking:* The service enables bypassing geographical restrictions, granting access to content that was previously inaccessible.

4. *Multi-device support:* Verum VPN supports simultaneous connections of multiple devices, making it an ideal choice for families and small offices.

5. *Ease of use:* An intuitive interface makes setting up and using the service straightforward, even for beginners.

Conclusion:

Verum VPN is not just a service; it’s a reliable partner in safeguarding your online activity. With it, you can ensure a safe and anonymous presence online without restricting your access to content. Don’t compromise your privacy—choose Verum VPN and enjoy a secure digital world.

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Technologies

Verum Coin (VERUM) Token Listed on Tokpie

Verum Coin (VERUM) is a BEP20 altcoin created by BitCoinPay Trade and Verum.

Market pair to trade VERUM tokens

Token Info

Verum Coin (VERUM) is a BEP20 altcoin created by BitCoinPay Trade and Verum. Verum is a messenger that guarantees privacy. Also, this app has a built-in VPN and allows users to trade a token with each other.

Risk Warning

Kindly note that trading cryptocurrencies involves considerable risks and may lead to a loss of invested capital. So, please ensure that you understand all the risks involved. Also, consider your experience level and follow independent financial advice if needed.

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