financetom
Business
financetom
/
Business
/
Amazon Bid to Shake Off EU Large Platform Designation Rejected by Court
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon Bid to Shake Off EU Large Platform Designation Rejected by Court
Nov 19, 2025 2:31 AM

05:13 AM EST, 11/19/2025 (MT Newswires) -- Amazon's ( AMZN ) attempt to get a court to reject its designation by European regulators as a "very large online platform" was rejected Wednesday by a top European court.

The European Commission designated Amazon ( AMZN ) an exceptionally large platform of more than 45 million users with special antitrust restrictions and obligations under the European Union's Digital Services Act, a categorization Amazon ( AMZN ) sought to annul, the Court of Justice of the European Union said in a statement.

The court said that while the designation limited Amazon's ( AMZN ) freedoms, the interference was lawful and justified in accord with the EU's Charter of Fundamental Rights.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Wells Fargo may lose $2 billion to $3 billion on its CRE office loan portfolio, CEO says
Wells Fargo may lose $2 billion to $3 billion on its CRE office loan portfolio, CEO says
Nov 3, 2024
Oct 24 (Reuters) - Wells Fargo ( WFC ) Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan portfolio. We've reserved for all of it, so the balance sheet is de-risked, but it's going to play out over three, four years, Scharf said...
Seagate Technology Holdings Insider Sold Shares Worth $423,530, According to a Recent SEC Filing
Seagate Technology Holdings Insider Sold Shares Worth $423,530, According to a Recent SEC Filing
Nov 3, 2024
05:14 PM EDT, 10/24/2024 (MT Newswires) -- Jay L Geldmacher, Director, on October 24, 2024, sold 4,100 shares in Seagate Technology Holdings ( STX ) for $423,530. Following the Form 4 filing with the SEC, Geldmacher has control over a total of 2,852 shares of the company, with 2,852 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1137789/000113778924000178/xslF345X05/wk-form4_1729803639.xml Price: 104.20, Change: +0.22, Percent...
Tectonic Therapeutic Insider Bought Shares Worth $10,077,000, According to a Recent SEC Filing
Tectonic Therapeutic Insider Bought Shares Worth $10,077,000, According to a Recent SEC Filing
Nov 3, 2024
05:14 PM EDT, 10/24/2024 (MT Newswires) -- Timothy A Springer, 10% Owner, Director, on October 22, 2024, executed a purchase for 300,000 shares in Tectonic Therapeutic ( TECX ) for $10,077,000. Following the Form 4 filing with the SEC, Springer has control over a total of 4,593,121 shares of the company, with 4,096,764 shares held directly and 496,357 controlled indirectly....
Trade Desk Insider Sold Shares Worth $3,010,750, According to a Recent SEC Filing
Trade Desk Insider Sold Shares Worth $3,010,750, According to a Recent SEC Filing
Nov 3, 2024
05:14 PM EDT, 10/24/2024 (MT Newswires) -- Laura Schenkein, Chief Financial Officer, on October 22, 2024, sold 25,000 shares in Trade Desk ( TTD ) for $3,010,750. Following the Form 4 filing with the SEC, Schenkein has control over a total of 693,953 shares of the company, with 693,953 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1671933/000167193324000112/xslF345X05/wk-form4_1729804103.xml Price: 118.49, Change: +0.28, Percent...
Copyright 2023-2026 - www.financetom.com All Rights Reserved