The Amazon suit will be filed at the Competition Appeal Tribunal by Oct 31, Hausfeld said. Damages, which are based on economists’ estimates from potential losses, could be as much as £900mil (RM4.76bil). — Reuters
Amazon.com Inc faces a UK class-action lawsuit over claims the tech giant uses a “secretive” algorithm to abuse its dominant position in the online marketplace.
Amazon has made millions of customers pay more by hiding better deals on platforms to boost its own products, Hausfeld, the law firm behind the case, alleges. It does this by using a “secretive and self-favouring algorithm” in its Buy Box feature.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
