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London CNN —The United Kingdom’s competition watchdog has wrapped up its antitrust investigations into Amazon’s and Meta’s retail platforms, saying it has secured commitments from the US tech giants that will ultimately benefit consumers. In theory, the more businesses are able to fairly compete for consumers’ cash, the more choice consumers ultimately have. Meta’s competitors will have the option to “opt out” of the tech firm using some of their data to improve Facebook Marketplace, the CMA said. That commitment, along with others, means Meta “cannot exploit advertising customers’ data to give itself an unfair advantage — and as such distort competition,” Pope said. A spokesperson for Meta told CNN it welcomed the CMA’s decision to close its investigation into Facebook Marketplace.
Persons: Ann Pope, ” Pope, Meta Organizations: London CNN, Markets Authority, CMA, Amazon, Facebook, CNN, Meta, Global, Big Tech, US Federal Trade Commission, European Union
LONDON, July 26 (Reuters) - Britain's anti-trust regulator said Amazon's (AMZN.O) offer to change the way it treats third-party sellers using its Marketplace platform addresses competition concerns in its preliminary view published on Wednesday. It will now consult on the commitments proposed by Amazon, it added. Last year, the Competition and Markets Authority (CMA) said it was investigating Amazon over suspected breaches of competition law, including how it chooses products which are placed within the "Buy Box" feature. The CMA said it had taken action after concerns that the U.S. tech giant was using its strength in the market to gain an advantage over other businesses which use Amazon's Marketplace to reach customers. "Amazon’s commitments to the CMA will help ensure that third-party sellers on Amazon Marketplace can compete on a level-playing field against Amazon’s own retail business," Ann Pope, senior director for enforcement at the CMA, said in a statement.
Persons: Ann Pope, Farouq Suleiman, Sarah Young Organizations: Amazon, Markets Authority, CMA, Thomson Locations: U.S
Amazon on Wednesday offered commitments to the U.K. Competition and Markets Authority after Britain's competition watchdog raised concerns about the U.S. e-commerce giant's treatment of third-party sellers. One of those commitments proposes to ensure Amazon does not use rival sellers' marketplace data to gain an unfair advantage over other sellers. Amazon's commitments also proposed to guarantee all product offers are treated equally when the company decides which ones will be featured in the "Buy Box." Amazon's marketplace practices were also concerning to European Union regulators that were probing similar issues to the U.K. since 2019. In December, Amazon offered similar commitments to the European Commission, the EU's executive arm, to address its concerns.
Persons: Porte, Amazon, Ann Pope Organizations: Porte de, Amazon, U.K, Competition, Markets, CMA, Union, European Commission, Politico, Federal Trade Commission Locations: Paris, U.S
April 19 (Reuters) - Britain's competition regulator said proposals from Alphabet Inc's (GOOGL.O) Google to give app developers the freedom to break away from Google Play's billing system looked to be sufficient to address its concerns about in-app payments. Britain's Competition and Markets Authority (CMA) said in June that Google's complete control over in-app payments unfairly restricted developers by forcing them to use Google Play's billing system, reducing competition and hurting users. "Under the commitments, developers will be able to add an alternative in-app billing system, alongside Google Play's billing system, for their mobile and tablet users in the UK," Google said in a blog post. "At checkout, users will be able to choose which billing system to use." The CMA invited comments on Google's proposals by May 19 before it makes a final judgment.
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