The Paris Commercial Court ordered two branches of the American company Amazon to pay a fine of €4 million for concluding contracts that don’t meet the trade code with participants in its electronic trading platform.
This was announced on Wednesday by the Directorate General for Competition, Consumption and Anti-Fraud (DGCCRF), which conducted the investigation.
“The court sentenced two companies of the Amazon group (Amazon Services Europe and Amazon France services) to change several paragraphs of the general terms and conditions of the use of the trading platform and to pay a fine of €4 million within six months,” the organization said in a statement. “These changes will help balance the commercial relationship between Amazon and often the small companies that sell their products on this site.”
In case of non-compliance with the requirements of the court of the company, an additional fine of €10 thousand per day will be charged until it changes the rules for sellers.
The DGCCRF investigation was conducted from 2016 to 2017 for all electronic trading platforms operating in the country. In particular, a number of law-breaking clauses of the contract concluded between Amazon and the seller were identified – they made sellers feel pretty uncomfortable and didn’t meet the French trade code. So, according to the agency, the American company reserved the right to “unilaterally change the terms of the transaction” or “block the seller’s account without warning or explanation.”
Following the release of the audit findings, the French Minister of Economics and Finance sued Amazon.
Johnson & Johnson Will Pay Out Half a Billion Dollars
Between 2007 and 2017, 4,563 people died in Oklahoma due to opioids. Now Johnson & Johnson has to pay $572 million. The court’s decision in the company is going to appeal.
A court in Oklahoma, USA, found Johnson & Johnson and its entities liable for fueling an opioid crisis in the region and ordered it to pay $572 million for this.
The company said it wouldn’t plead guilty and would appeal to the Oklahoma Supreme Court. State lawyers believe that in Oklahoma, about 6,000 people have died from an overdose of opioids since 2000. In court, the state prosecutor said that 4,563 people died because of this from 2007 to 2017.
Oklahoma authorities accuse pharmaceutical companies of being driven by aggressive and misleading advertisements that claimed how effective opioids are in chronic pain and diminished their addictive ability.
The prosecutor said that Johnson & Johnson was guided only by greed in this campaign, and mentioned its two more companies, which produced opium for many other pharmaceutical companies.
The Oklahoma court ruling will affect negotiations on some 1,500 similar claims that have been filed with administrations at various levels in one of Ohio’s courts.
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