Amazon is facing a collective lawsuit from British retailers, who allege that the online marketplace misused their data to boost its own market share and profits. The lawsuit, valued at one billion pounds ($1.3 billion) or £1.1 billion, claims that Amazon used non-public data provided by small sellers to offer cheaper rival products directly to consumers. This has led to a significant impact on the sales and profitability of the affected retailers. The case, described as a 'watershed' moment, highlights ongoing concerns regarding data privacy and competitive practices in the e-commerce sector. The lawsuit follows a recent wide-ranging settlement Amazon reached with the UK competition watchdog over how it uses Marketplace sellers’ data.
🇬🇧 Amazon hit with £1bn damages claim from retailers over data misuse https://t.co/9B3MvIqFMo
🇬🇧 $1.3 billion UK lawsuit accuses Amazon of misusing small sellers' data https://t.co/FtWzSvSsT9
🇬🇧 UK retailers suing Amazon for damages up to £1.1bn in ‘watershed’ case https://t.co/bcSsOsbfME
Amazon is facing a $1.3 billion collective lawsuit from British retailers, alleging the online marketplace used non-public data provided by retailers to offer cheaper rival products for sale directly to consumers https://t.co/nFVM2yKgDo https://t.co/BpA8J3dsQ1
UK retailers suing Amazon for damages up to £1.1bn in ‘watershed’ case https://t.co/pOmsDjSmpG
Retailers said they are set to file a £1 billion class action against Amazon in London, accusing it of illegally misusing their data to boost its sales and profits. https://t.co/6Fvee7i8p0 https://t.co/chOV5jjs1N
Amazon Faces $1.3 Billion (£1.1B) UK Lawsuit Over Data Misuse https://t.co/m7T2hr6Dch
UK retailers file a £1.1B collective action against Amazon over claims of data misuse: https://t.co/mQtZ7yadsv by TechCrunch #infosec #cybersecurity #technology #news
UK retailers file a £1.1B collective action against Amazon over claims of data misuse: E-commerce behemoth Amazon recently reached a wide-ranging settlement with the UK competition watchdog over how it uses Marketplace sellers’ data,… https://t.co/WPoWYq5a4c #AI #AInews #AItips
UK retailers file a £1.1B collective action against Amazon over claims of data misuse https://t.co/Xdszhrya8J
Amazon sued by UK users for £1.1 billion in 'watershed' lawsuit https://t.co/MaovYBpM2L
$1.3 bln UK lawsuit accuses Amazon of misusing small sellers' data https://t.co/HUwffut8nj https://t.co/dRZJmPxHug
Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its own market share and profits https://t.co/nFVM2yKOsW https://t.co/50ovu8t2Xk
🔵 $1.3 BILLION UK LAWSUIT ACCUSES AMAZON OF MISUSING SMALL SELLERS' DATA Full Story → https://t.co/2kLtFJE811 Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the online marketplace misused their data to boost its… https://t.co/5PmWUNCPHB