Monday August 08, 2016

Amazon Japan Raided On Suspicion Of Antitrust Practices

According to anonymous sources, the Japanese Fair Trade Commission has supposedly raided Amazon's offices in that country on suspicion of antitrust behavior. There has been no confirmation of this report as of yet, the best anyone can come up with right now is the quote from the Japanese Fair Trade Commission below.

Japan's Fair Trade Commission has raided the offices of Inc's local unit on suspicion of pressuring retailers to offer products at lower prices than on rival sites, the Nikkei business daily said on Monday. The paper, which cited unidentified sources with knowledge of the case, did not say when the raid took place. A Japan Fair Trade Commission spokesman said he could not confirm the report but added: "I won't say the contents are incorrect."