Amazon Gets EUR 90,000-per-Day Fine Over Contracts in France

French authorities on Wednesday slapped a EUR 90,000 (roughly Rs.7,476,100) per day high-quality on Amazon till it removes abusive clauses in its contracts with companies utilizing its platform to promote their items.

The anti-fraud DGCCRF service mentioned the web gross sales big’s contracts with third-party sellers who use its Amazon.fr web site comprise “unbalanced” clauses.

“The company Amazon Services Europe did comply completely with an injunction it was served and it is now subject to a fine of 90,000 euros per day of delay” in making use of the modifications, the DGCCRF mentioned in a press release.

It additionally urged the platform to evolve with European guidelines on fairness and transparency for companies utilizing on-line platforms. Amazon mentioned the order would hurt customers.

“The changes imposed by the DGCCRF will stop us from effectively protecting consumers and permit bad actors to set excessive prices or spam our clients with commercial offers,” it mentioned.

Amazon mentioned the clauses that the DGCCRF has ordered eliminated had, for instance “prevented the appearance of exorbitant prices for mask and hydroalcoholic gel during the pandemic”.

In 2019, Amazon was fined EUR 4 million (roughly Rs. 33.23298 crore) for “manifestly unbalanced” contract clauses with third-party sellers on its web site in a case introduced by the DGCCRF.