Italy's competition authority said Wednesday it had fined two Amazon companies 10 million euros ($10.6 million) for unfair commercial practices, for pushing customers into agreeing to 'recurring' rather than 'one-time' purchases online.
Italy's competition auhority said an option to set up regular purchases was 'pre-selected by default' on a wide selection of products listed on Amazon's Italian website.. Photo: MARCO BERTORELLO / AFP/FileItaly's competition authority said Wednesday it had fined two Amazon companies 10 million euros for unfair commercial practices, for pushing customers into agreeing to"recurring" rather than"one-time" purchases online.
In a statement, the AGCM said the option to set up regular purchases was"pre-selected by default" on a wide selection of products listed on Amazon's Italian website. "The graphic layout of the pre-selected recurring purchase option may lead consumers to buy products periodically -- even when there is no actual need --thereby limiting their ability to choose freely," the AGCM said in a statement.
"Moreover, the conduct implemented by the company was deemed contrary to the standards of professional diligence. "As a major operator, Amazon is expected to design its online interfaces, particularly those related to purchasing processes, in a manner that allows consumers to make free and informed commercial decisions."As a result, the competition authority said it has fined two Amazon group companies, the Luxembourg-based Amazon Services Europe and Amazon EU.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Record-breaking $10 million sale for Winx's fillyA filly sired by stallion Pierro and related to the legendary racehorse Winx has been sold for a record-breaking price of $10 million at an auction in Australia. The 18-month-old filly was purchased by Australian Debbie Kepitis' Woppitt Bloodstock, beating out interest from America, Japan, and Europe. Winx, who retired in 2019, was the world's top-rated turf horse and had an unbeaten streak of 33 races, including 25 Group 1 victories.
Read more »
Liberia: Rights Activist Wants U.S.$10 Million Allocated to Youth Development and TvetJeremiah Swen, the founder of the Alliance for Transitional Justice - Liberia, has strongly criticized the Ministry of Finance and Development Planning for its meager budget allocation to youth development, vocational education, and sports, among other critical areas.
Read more »
Kenya's Weekly Coffee Sales Reach $10 MillionKenya's Coffee prices surged by three percent in the latest auction, driven by concerns of a global shortage exacerbated by heavy rains disrupting Brazilian crop yields. This spike propelled farmers' overall earnings for the week to $10 million.
Read more »
Load shedding suspended until Wednesday afternoonEskom has seen an improvement in generation capacity due to the return of six generating units, which allows this reprieve.
Read more »
US Senate passes $95bn foreign aid bill, Biden expected to sign on WednesdayUS Senate passes $95bn foreign aid bill, Biden expected to sign on Wednesday
Read more »
Wednesday's weather: Morning fog and some drizzle expected in some regionsWednesday's weather: Morning fog and some drizzle expected in some regions
Read more »