Japan's anti-monopoly watchdog raids Amazon headquarters

Japanese regulators have raided Amazon's Tokyo headquarters for the second time in two years.An Amazon Japan s...

Posted: Mar 16, 2018 10:41 AM
Updated: Mar 16, 2018 10:41 AM

Japanese regulators have raided Amazon's Tokyo headquarters for the second time in two years.

An Amazon Japan spokeswoman declined to go into details on the investigation, saying in a statement Friday that the company is fully cooperating with authorities.

Japan's Fair Trade Commission is investigating whether Amazon is forcing sellers to bear all or part of the losses incurred when Amazon offers bargain discounts online, according to a government official who asked not to be identified because he is not authorized to speak publicly about the investigation.

Japan's antitrust watchdog probed Amazon last year, accusing the company of forcing sellers to offer "the lowest price and the richest lineup of goods" on its online marketplace.

Related: Walmart enlists help from Japan in fight with Amazon

The commission closed the investigation after Amazon amended sellers' contracts, dropping clauses that required retailers to set prices equal to or lower than those on rival ecommerce websites.

Japan is a lucrative market for Amazon. Home to more than 75 million online shoppers, the country is the world's third-biggest ecommerce market after the US and China.

It is also key to Amazon's global ambitions. Japan is Amazon's second-largest market outside the US, after Germany, with sales of $10.8 billion in 2016.

Amazon edged past Japanese rival Rakuten in 2016. It was the first year since launching in Japan in 2000 that Amazon had taken a bigger market share than the local firm.

-- CNN's Yoko Wakatsuki contributed to this report.

Oregon Coronavirus Cases

Data is updated nightly.

Cases: 78160

Reported Deaths: 953
CountyCasesDeaths
Multnomah18149245
Washington10929103
Marion9634147
Clackamas672781
Lane450747
Umatilla446850
Jackson401737
Deschutes251715
Malheur245945
Yamhill179717
Linn160023
Polk133219
Douglas98119
Klamath9265
Jefferson87411
Benton8457
Union8098
Morrow6717
Lincoln66515
Josephine5785
Wasco54319
Columbia5394
Coos4533
Hood River4303
Clatsop3730
Baker2914
Crook2446
Tillamook1470
Curry1462
Lake1431
Grant1381
Harney1041
Wallowa723
Gilliam230
Sherman230
Wheeler60
Unassigned00
Eugene
Clear
31° wxIcon
Hi: 47° Lo: 31°
Feels Like: 26°
Corvallis
Clear
29° wxIcon
Hi: 49° Lo: 29°
Feels Like: 29°
Roseburg
Overcast
36° wxIcon
Hi: 47° Lo: 35°
Feels Like: 36°
North Bend
Clear
40° wxIcon
Hi: 54° Lo: 37°
Feels Like: 37°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events