Company disagreed with the allegations. "Amazon represents less than 1% of the global retail market, and there are larger retailers in every country in which we operate," the company said. The Commission said that its preliminary view is that Amazon has breached EU antitrust rules, but that its investigation must be completed before any penalties are imposed. The dispute may not be resolved until next year. Amazon is facing a fine of 10% of its global turnover.
Also regulators also opened a second investigation which is to determine whether Amazon artificially favors its own retail offers or those of third-party sellers who use its logistics and delivery services.
 Amazon (AMZN.US) stock launched today's session lower and price is currently approaching long-term upward trendline. Should a break below occur then downward move may accelerate. Local support is located at $2850.47 level. Source: xStation5
Amazon (AMZN.US) stock launched today's session lower and price is currently approaching long-term upward trendline. Should a break below occur then downward move may accelerate. Local support is located at $2850.47 level. Source: xStation5Amazon and Apple beat estimates. Will it lift Wall Street higher?
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