” Amazon behavior and market share prove its intention to build a monopoly and indicate a dangerous likelihood of success, ” said attorney Karl Racine, in his complaint. Racine criticized the e-commerce conglomerate for preventing companies from selling their cheaper products somewhere other than on
0.13% may seem like little, but in the case of a billion-dollar company it is a river of millions. The founder, president and CEO of Amazon, Jeff Bezos, considered the richest man in the world, has disposed of shares in the e-commerce company valued at
EBay, an e-commerce firm, announced that it is considering enabling Bitcoin payments on the platform. As reported by Reuters on Monday (3), the information was provided by eBay’s CEO, Jamie Iannone, during an interview with CNBC. In addition, Jamie Iannone commented that the e-commerce giant
The company led by Jeff Bezos (Amazon), the richest man in the world, according to Forbes magazine, earned $108.5 billion in the first quarter of this year, compared with the $75.5 billion in 2020. These values exceeded analysts’ expectations and the security appreciated three percent
Epic Games decided to launch its own online store, the Epic Games Store in late 2018 and exclusive launches and game offerings quickly became part of the platform’s image. However, it seems that the store has deserved a much more significant investment than expected. Epic
Alibaba was fined by the Chinese government by 18.2 billion yuan, about $2.8 billion, for abuse of market dominance, according to China’s official news agency Xinhua on Saturday. The company is accused of demanding exclusivity from merchants who want to sell products on the platform,