Amazon Avoids Massive Fine, Reaches Settlement With European Union Over Use of Seller Data

Amazon Avoids Massive Fine, Reaches Settlement With European Union Over Use of Seller Data

Amazon reached a settlement with the European Union on Tuesday in two antitrust probes after addressing concerns over its use of sellers’ data, in a move that will save it from a fine of up to 10 percent of its global turnover. In the first case, Amazon faced charges of using…