Why the EU May Be Considering an Antitrust Probe of Amazon

The transcript discusses the EU's scrutiny of Amazon's dual role as a platform and merchant, raising concerns about data access and competition. It reviews past EU antitrust actions against Amazon, including investigations and fines. The EU's aggressive stance on regulating big tech, including Google and Apple, is highlighted. The process and timeline of EU probes are explained, noting their potential global influence. The transcript also explores possible outcomes of antitrust actions, such as fines and changes in business practices.

What is the primary concern of the EU's preliminary probe into Amazon?

• Amazon's delivery services

• Amazon's advertising practices

• Amazon's dual role as a platform and merchant

• Amazon's pricing strategies

What was the outcome of the EU's 2016 investigation into Amazon?

• Amazon had to change its business model

• Amazon was fined heavily

• Amazon settled the investigation

• Amazon was banned from selling ebooks

How does the EU's approach to regulating big tech compare to the US?

• The US can impose larger fines

• The EU is more aggressive and can act unilaterally

• The EU is less aggressive than the US

• The US has more streamlined processes

What significant action did the EU take against Google in July?

• Banned Google from operating in the EU

• Ordered Google to split its business

• Required Google to change its search algorithm

• Imposed a billion euro fine

What is a potential outcome of an EU antitrust investigation?

• Public apology from the company

• Mandatory company restructuring

• A complete ban from the EU market

• A fine up to 10% of annual revenue

How has the EU influenced global antitrust actions?

• By imposing the same fines globally

• By creating a global antitrust organization

• By collaborating with the US on joint investigations

• By setting a precedent for other jurisdictions

What is a key difference between EU and US antitrust investigations?

• The EU requires court approval first

• The US can act unilaterally

• The EU can make unilateral decisions

• The US has faster investigation processes