Removed the clause that forces Amazon to 'lowest price', and the presidential candidate said that 'Amazon should be dismantled'

by Scott Lewis

Amazon abolishes the "Most Favorable Benefits (MFN) clause ", which forces distributors to sell at the lowest price on Amazon, "does not sell products at comparable prices with Amazon on other platforms such as eBay and Alibaba" It is reported that The critics of the MFN clause, which were highly criticized globally, were finally abolished in the home country, because The Verge claims that there is a growing demand for the strengthening of antitrust laws and the dismantling of large companies in the United States. .

Amazon silently ends contraversing pricing agreements with sellers-The Verge
https://www.theverge.com/2019/3/11/8260700/amazon-anti-competitive-pricing-agreements-3rd-party-sellers-end

Amazon's MFN clause has been a problem all over the world, saying, "It is an exclusive contract that impedes free and fair competition", and it was abolished in Europe after being investigated in Germany and the UK in 2017 It was In Japan as well, the Japan Fair Trade Commission has conducted an investigation on suspicion of antitrust violation, and in June 2017 has received an offer to delete the MFN clause from the Japan corporation Amazon Japan.

Amazon removes the "lowest price requirement" MFN clause ... Price competition on EC sites becomes active? -Lawyer dot com
https://www.bengo4.com/internet/n_6168/

According to The Verge, the MFN clause has been removed from the contract that Amazon.com of the United States concludes with a vendor, although no major announcement has been made. The Verge believes that the feel of Amazon in the United States has increased as a reason for the fact that the MFN clause, which has remained in the contract even after being excluded in other countries, has finally been abolished in the United States.

In December 2018, Democratic Senator Richard Bullmental reportedly sent a letter to the Justice Department and the Federal Trade Commission, asking for an investigation on "the anti-competitive provisions found in Amazon's contract" . "The Justice Department's anti-trust bureau and the Federal Trade Commission actively investigate potential antitrust violations of large technology companies and take necessary action to prevent more harmful actions," Bullmental said. It must be taken, "he said.

Democratic Senator Elizabeth Warren, who announced his run for the United States presidential election in 2020, has dramatically reduced competition and innovation in the high-tech industry due to the weak enforcement power of the current anti-trust law Pointed out that We are suing organizational reform to divide large high-tech companies such as Amazon, Google and Facebook.

Here's How We Can Break Up Big Tech-Team Warren-Medium
https://medium.com/@teamwarren/heres-how-we-can-break-up-big-tech-9ad9e0da324c

Also, when he became president, he designated a large-scale high-tech platform with a global sales of more than $ 25 billion as a "platform utility" and participated in the platform itself and platforms Warren has declared that they do not own both of the contractors. At the same time, the companies that violated have a specific policy of imposing a fine of 5% of the annual sales, and they are giving notice that Amazon's e-commerce business and Google's advertising business will be dismantled.

by New America

Warren said, of course, that this proposal does not solve all the problems that we have with the big tech companies, “this proposal encourages the competition of the existing big tech companies and To inspire innovation and ensure that the United States continues to lead the world in high technology, it is meant to continue to provide friendly service to its customers, which is how it protects the future of the Internet. " .