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12.06.2020 AMAZON Daily Analysis

Amazon started trading with 2,557.96 USD. It is trading lower with 89.49 USD. The European Union is looking to open a case on the company. They claim

Yazar: editor_1

Yayınlanma: 12 Haziran 2020 19:11

Güncellenme: 5 Kasım 2024 15:35

12.06.2020 AMAZON Daily Analysis

Amazon started trading with 2,557.96 USD. It is trading lower with 89.49 USD. The European Union is looking to open a case on the company. They claim that Amazon is copying the products of the customers using the website. These products are then produced on a high scale and sold under the company's private label brand. An article in a recent magazine stated that some of the people working under Amazon have used the information of the clients on the sales platform. This information was later used to calculate the prices, marketing techniques, and to check how useful it may be for Amazon to start producing that specific product. This has caused the stocks of the company to plumage.
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