EU - Amazon Probed on Data Collection

Arno Froese

The European Union is looking at Amazon.com Inc.’s use of data it collects from other retailers on its platform, with the possibility that the information gives it an extra edge for its own sales, EU Competition Commissioner Margrethe Vestager said.

“The question here is about the data” Amazon collects from smaller merchants on its site, Vestager said. “Do you then also use this data to do your own calculations, as to what is the new big thing, what is it that people want, what kind of offers do they like to receive, what makes them buy things? That has made us start a preliminary” investigation, she said.

Amazon has been targeted by the European Commission over its tax arrangements with Luxembourg. It escaped fines in a 2016 EU settlement over e-books contracts with publishers.

The EU is separately pushing ahead with new legislation that aims to prevent web firms from offering unfair terms to small businesses that sell or promote their services on the platforms. Under the new rules, platforms would also have to provide more transparency about how they rank businesses in search results.

-finance.yahoo.com, 19 September 2018

Arno's commentary

The EU is home to the world’s strictest data protection and competition laws. What is the purpose? In the first place, to keep smaller companies functioning; and secondly, to avoid market dominance by only a few of the world’s giants. But there is a problem: many nations of the world are unable or unwilling to comply with strict European laws. That, however, will have to change according to our understanding of Bible prophecy. Globalism, in any way, shape, or form, is the future for planet earth, and must be fully implemented in order for Satan and his superman, Antichrist, with the false prophet, to implement their diabolical plan: to have Antichrist be declared messiah and redeemer of planet earth, albeit temporarily.

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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