Tag: Amazon.com Inc.

Technology Stocks

Amazon.com, Inc. (NASDAQ:AMZN) Forces Sellers On Its Platform To Agree For Binding Arbitration Clause And Harms Competition In The Digital Markets

Online small and mid-sized businesses on Amazon.com, Inc. (NASDAQ:AMZN)’s platform are forced to accept a binding arbitration clause. Such clauses in the agreement make online sellers settle the disputes on an individual basis only and outside of the court. Sellers are barred from teaming up Amazon barred the sellers from […]

Technology Stocks

Itau Unibanco (NYSE:ITUB) Accelerating Its Digital Transformation With Amazon Web Services Cloud

Itau Unibanco (NYSE:ITUB) has selected amazon.com Inc.’s (NASDAQ:AMZN) Amazon Web Services (AWS) to be its strategic cloud provider. The bank seeks to enhance efficiency and increase agility in delivering customer-centric services. Pursuing digital transformation with AWS The Latin American bank will leverage AWS’s leading cloud to expedite digital transformation and […]

Technology Stocks

European Commission To Fine Amazon.com Inc. (NASDAQ:AMZN) $37 Billion For Violation Of Antitrust Regulations

Amazon.com Inc. (NASDAQ:AMZN) faces antitrust charges from European Union regulators regarding abuse of its dominant position in the eCommerce space. Regulators have also opened a second probe about the e-commerce retailer’s business practices. European Commission accuses amazon of abusing antitrust regulations European Commission’s top antitrust officer, Margrethe Vestager, said that […]

Technology Stocks

Amazon (NASDAQ:AMZN) Says Small Businesses Made Over $3.5 Billion During This Year’s Prime Day Event

Amazon.com Inc. (NASDAQ:AMZN) has said that this year’s Prime Day shopping event was a unique one whereby third-party sellers earned over $3.5 billion. This is an almost 60% increase in sales from a year ago and a record for small-sized and medium-sized businesses making up the marketplace. Small and Medium-sized […]