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Amazon Japan to refund $19 million to vendors in a new form of antitrust settlement

By Toko Sekiguchi ( September 10, 2020, 10:22 GMT | Insight) -- Amazon Japan submitted a voluntary remedy to terminate conduct that was suspected of abusing its superior bargaining position, and agreed to return a total of two billion yen (US $19 million) to about 1,400 of its suppliers, putting an end to the Japan Fair Trade Commission’s two-year investigation into the country’s top online retailer.Amazon Japan submitted a voluntary remedy to terminate conduct that was suspected of abusing its superior bargaining position, and agreed to return a total of two billion yen (US $19 million) to about 1,400 of its suppliers, putting an end to the Japan Fair Trade Commission’s two-year investigation into the country’s top online retailer....

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