The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
TOKYO, Japan — Amazon.com Inc.'s office in Japan was searched by Japan's Fair Trade Commission over its dealings with merchants who sell goods on its online web store, a person with knowledge of the matter said.
The antitrust agency is looking into whether Amazon sought deals with sellers that gave it more favourable conditions over other e-commerce companies, said the person, who asked not to be identified because the information is not public.
Natsuki Kawase, a spokeswoman for Amazon, declined to comment. A representative for the JFTC also declined to comment. The Nikkei newspaper first reported the inquiry into Amazon’s business practices.
Japan is one of Amazon’s biggest international markets. Overseas sales made up 32 percent of the Seattle-based web retailer’s revenue in the latest quarter. Amazon debuted in Japan in 2000 as the company’s first website in Asia, and now offers Prime membership, which includes video, same-day shipping and other add-on services for an annual fee.
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It wasn’t immediately clear when the JFTC inquiry took place. Under Japan’s antitrust laws, businesses aren’t allowed to impose restrictions on the commercial activities of counterparties.
By Grace Huang; editors: Robert Fenner, Robert Stevenson and Dave McCombs.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.