Amazon lifts restriction on sellers criticized as anti-competitive: source

Amazon lifts restriction on sellers criticized as anti-competitive: source

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol

(Reuters) – Amazon.com has decided to stop telling third-party sellers on its platform that they cannot offer lower prices on competing websites, a source said on Monday.

The source gave no details on the decision.

The decision comes in the wake of a letter from Senator Richard Blumenthal arguing that the practice would β€œstifle market competition and artificially inflate prices.” The letter is dated Dec. 19, 2018 and was sent to Federal Trade Commission Chairman Joseph Simons.

Reporting by David Shepardson; Editing by Lisa Shumaker

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