UK Competition Watchdog Secures Commitments from Amazon and Meta to Ensure Fair Competition on Retail Platforms

         

Summary: The UK Competition & Markets Authority has accepted commitments from tech giants Amazon and Meta to protect fair competition on their retail platforms. Amazon has pledged not to use marketplace data from rival sellers to gain an unfair advantage, ensuring a level playing field for third-party sellers. Meta has committed to not exploiting its advertising customers’ data, giving competitors the option to opt out of data usage. The regulator welcomes these commitments, concluding its investigation.

End of Investigation into Retail Platforms

The UK Competition & Markets Authority (CMA) has announced the end of its investigation into Amazon Marketplace and Meta’s use of advertising data. Tech giants Amazon and Meta have made commitments to protect fair competition on their retail platforms.

Amazon’s Commitments for Fair Competition

Amazon has committed to not utilize data from rival sellers on its marketplace to gain an unfair advantage. This move ensures that third-party sellers can compete on a level playing field. Independent sellers will have a fair chance for their offers to be featured in the “Buy Box.”

Meta’s Commitments on Data Usage

Meta, formerly known as Facebook, has signed commitments to prevent the exploitation of its advertising customers’ data. Competitors advertising on Meta platforms will have the option to opt out of their data being used to improve Facebook Marketplace.

Response from Meta and CMA

Meta has welcomed the decision made by the regulator. The UK Competition & Markets Authority welcomes the commitments made by both Amazon and Meta in ensuring fair competition on their respective platforms.

Tags: UK, Competition Watchdog, Amazon, Meta, Retail Platforms, Fair Competition

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