EU quizzes e-retailers on sanctions against cross-border online sales

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By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators have asked e-commerce retailers to spell out the kind of sanctions imposed on them for going against digital content companies’ orders to restrict cross-border online sales, as part of a broad probe to root out anti-competitive online practices. The European Commission, which launched the investigation last month, is looking to overhaul the 28-country bloc’s digital market to boost growth and innovation and catch up with the United States and Asia.

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EU quizzes e-retailers on sanctions against cross-border online sales