France seeks nearly $12-million fine against Amazon for abuse of dominant position

France's Ministry for the Economy and Finance is seeking a fine of nearly $12 million against Amazon.com Inc. under a complaint filed with the Paris Commerce Court for abusing its dominant position with local suppliers, Reuters reported citing Le Parisien. The complaint follows a two-year investigation by the country's consumer fraud agency. Amazon can unilaterally change contract terms or even suspend its existing contracts with more than 10,000 French companies which use its platform to sell their goods, said Loic Tanguy, an official at the agency.

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