Amazon Japan raided on suspicion of antitrust practices: Nikkei

Amazon Japan raided on suspicion of antitrust practices: Nikkei

Japan’s Fair Trade Commission has raided the offices of Amazon.com Inc’s (AMZN.O) 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.”

An Amazon Japan spokeswoman declined to comment.

Read the original article on Reuters

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