Categories
News

[AMZN] French Authorities Slap 90,000-Euro-Per-Day Fine On Amazon Over Contracts

On Wednesday, French authorities fined Amazon $90,000 a day ($98,000) unless it removes abusive elements from its contracts with firms who use its platform to sell their items.

Paris, France: On Wednesday, French authorities fined Amazon $90,000 a day ($98,000) unless it removes abusive elements from its contracts with firms who use its platform to sell their items.
According to the anti-fraud DGCCRF service, Amazon’s contracts with third-party sellers using its Amazon.fr website have “unbalanced” terms.

The DGCCRF said in a statement that “the corporation Amazon Services Europe did completely comply with an order it was served, and it is now liable to a fine of 90,000 euros per day of delay” in implementing the adjustments.

It also encouraged the platform to follow European regulations on equality and transparency for companies that use online marketplaces.

The order, according to Amazon, would hurt customers.

“The changes imposed by the DGCCRF will stop us from effectively protecting consumers and permit bad actors to set excessive prices or spam our clients with commercial offers,” it said.

Amazon said the clauses that the DGCCRF has ordered removed had, for example “prevented the appearance of exorbitant prices for mask and hydroalcoholic gel during the pandemic”.
In a lawsuit brought by the DGCCRF, Amazon was fined 4 million euros in 2019 for “manifestly imbalanced” contract provisions with third-party vendors on its site.