After investigations into their businesses, Amazon and Facebook parent Meta have committed to actions to ensure fair competition on their retail platforms, according to UK regulator Competition and Markets Authority (CMA). The CMA opened its investigation into Amazon in July Read more
eBay knows what it’s like to encounter friction as a seller – though not on its own marketplace. eBay was initially thwarted in a $9.2 billion deal to sell its Classifieds unit to a company called Adevinta when UK regulators Read more
eBay’s sale of its Classifieds Group to Adevinta hit a snag last month due to regulators in the UK. The two companies agreed this week to sell three of their UK units – Shpock, Gumtree (UK), and Motors.co.uk – in Read more
In February 2020, activist investor Starboard Value LP stepped up pressure on eBay to sell its classifieds unit. One year later, the sale of eBay Classifieds Group to Adevinta hit a snag due to regulators in the UK. eBay announced Read more
eBay announced in November it would sell its ticket marketplace StubHub to Viagogo this year. In a February 7th filing (published online today), UK regulators warned eBay to stop any integration activities between the two marketplaces while it continues its Read more
A UK regulator said it found evidence of a “thriving marketplace for fake and misleading online reviews” and said it wants Facebook and eBay to conduct an urgent review of their sites to prevent fake and misleading online reviews from Read more
