Harbour welcomes Amazon price-rule concession

31-Aug-2013 @ 15:0

No items found.

Anthea McIntyre Anthea McIntyre

Anthea McIntyre Anthea McIntyre

Harbour welcomes Amazon price-rule concession
A senior Conservative MEP today hailed a major shift by internet giant Amazon over its web market pricing policy as a good news for consumers.
It will also help small businesses which are making offers through the Amazon website.
Malcolm Harbour said by dropping its controversial "price parity" policy, Amazon was acting in the best interests of fairness in a free market.
As chairman of the European Parliament's Single Market and Consumer Protection Committee, he had already expressed his concerns to the company about the practice.
This banned vendors using its online market from undercutting Amazon's price for the same goods.
As well as pressure from Brussels, Amazon was also facing an investigation by the UK Office of Fair Trading over the measure, which was potentially infringing EU competition law.
Mr Harbour, Conservative MEP for the West Midlands, said: "It is encouraging that Amazon has been persuaded to think again about this restrictive policy.
"Surveys show that Amazon has a very good satisfaction rating with customers, but this approach did not help small traders or the consumer.
"Amazon is a big and powerful company, but it does not want to act as a law unto itself."
« Back