French watchdog orders Amazon to pay $3.5 million in penalties

  • In US
  • 2022-12-07 11:30:09Z
  • By Reuters

PARIS (Reuters) - A French watchdog has ordered U.S. e-commerce giant to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-party sellers by the deadline it set, the watchdog said on Wednesday.

France's DGCCRF consumer fraud watchdog said in a statement Amazon had been ordered to make the changes, aimed at correcting imbalances in contractual terms between Amazon's online marketplace and third-party sellers, by March 22.

Amazon had complied with DGCCRF's orders a month later, on April 28, the watchdog said, which led to penalties equivalent to 90,000 euros per day of delay.

The DGCCRF's orders followed an investigation by the agency, placed under the authority of France's finance ministry, and led to the conclusion that Amazon didn't abide by the so called "platform-to-business" rules adopted by the European Union in 2019.

Amazon said it would appeal against DGCCRF's penalties.

"The DGCCRF has acknowledged that the changes we implemented in April are consistent with its injunction," Amazon said in a written statement.

"However, we continue to disagree with the DGCCRF on its findings, decisions and related penalty, and are challenging each of them in court."

($1 = 0.9527 euros)

(Reporting by Mathieu Rosemain;Editing by Elaine Hardcastle)


More Related News

85+ Amazon deals to shop ahead of Presidents Day-Apple, Lego, Shark and more
85+ Amazon deals to shop ahead of Presidents Day-Apple, Lego, Shark and more

Beat the shopping rush with the best early Amazon Presidents Day deals on furniture, appliances, mattresses and more.

Best cheap last-minute Valentine
Best cheap last-minute Valentine's Day gifts under $25 on Amazon for cash-strapped lovers

Even on a budget, you can still show the people you love how much you care. Here are the best cheap Valentine's Day gifts under $25 on Amazon.

Without Big Tech
Without Big Tech's ambition, Britain is doomed to stagnate

It destroyed the high street. It crushed smaller competitors. And it paid so little in tax that it undermined public services. We have heard a lot in the...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply


Top News: US