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05/02/2026
Volvo Cars CEO on EX60: We should launch over 40,000 units of this model car this year.
Latest
2 m ago
Shanghai Procuratorate: 32 individuals involved in enterprise cases have had their compulsory measures changed according to law.
3 m ago
British government: Add 6 designated entities to the Sudan sanctions regime.
3 m ago
Price fixing violates fair competition rules. Germany's antitrust agency fined Amazon 70 million US dollars.
3 m ago
The German Federal Cartel Office has informed Amazon (AMZN.O) that its pricing policy for retailers violates digital economy and fair competition rules and has seized the company's illegal gains of 59 million euros (approximately 70 million US dollars). The office pointed out that Amazon would remove or not recommend relevant products when it deems the prices of goods "too high," and its guiding principles stipulate that such mechanisms are only allowed in special situations such as price manipulation. Like other American tech giants, Amazon is facing increasingly strict scrutiny from global regulatory bodies, including Germany and the European Union, due to its business practices and dominant position in the e-commerce sector. According to the Cartel Office's data, around 60% of online retail sales in Germany are carried out through Amazon. This is the first time that the German antitrust regulatory agency has used its power to confiscate profits related to improper behavior by a technology company.
3 m ago
Oil and Gas ETF Fuguo: Fund subscription and redemption services will be available starting from February 11th.
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