Amazon and European Union regulators have reached an agreement over two long-running antitrust cases, the European Commission has announced, which it’s hoped will help make third-party sellers more competitive on Amazon’s marketplace. The agreement means Amazon will avoid fines that had the potential to stretch into the billions of dollars, but it has agreed to make a series of legally binding commitments that it will have to abide by for up to seven years.
The commitments come in three broad parts that are consistent with those that were ...