Tag: anti-competitive behaviour

EU to shake up e-commerce market

euroflagzEuropean Competition Commissioner Margrethe Vestager is set to start a year long quest to break down barriers to e-commerce trading across borders.

According to a report on Reuters, she believes barriers are preventing the growth of sales online.  She also appy ears to believe that some companies are using the existing situation to block trade between the 28 European Union countries.

The European Union said that one in two people bought stuff online during 2014, but only 15 percent of people bought kit from another EU country.

She will send a set of questionnaires to the 28 members of the EU and she will also send the billet doux to a number of companies that she believes might be actively blocking trade by using border barriers.

She expects to have a report ready by the middle of next year and believes that it’s important to have a single digital market in the European Union.

Apparently, investigators from the Commission raided European companies that sell electronic gizmos online that Vestager believes may be engaging in anti-competitive behaviour.