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Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n /, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build up a case ...
BRUSSELS (Reuters) -Amazon has launched a legal challenge against its inclusion in a group of companies subject to tough European Union online content rules, in a move that technology experts have ...
The Digital Markets Act (DMA) [1] is an EU regulation that aims to make the digital economy fairer and more contestable. The regulation entered into force on 1 November 2022 and became applicable, for the most part, on 2 May 2023.
According to a report released by Fair Tax Mark in 2019, Amazon is the best actor of tax avoidance, having paid a 12% effective tax rate between 2010 and 2018, in contrast with 35% corporate tax rate in the US during the same period. Amazon countered that it had an 24% effective tax rate during the same period.
An EU decision ordering Amazon to pay about 250 million euros ($265 million) in back taxes to Luxembourg relies on "atmospherics" and is without merit, the company said on Thursday, as it sought ...
On 23 April 2023, the European Commission named a first list of 19 online platforms that will be required to comply starting 25 August 2023. [16] They include the following very large online platforms (VLOPs) with more than 45 million monthly active users in the EU as of 17 February 2023. [17] Alibaba AliExpress; Amazon Store; Apple AppStore ...
The 160-page report, from the staff of a Senate committee headed by long-time Amazon critic Sen. Bernie Sanders of Vermont, is not the first time that Amazon’s pace has been challenged by ...