Alex Webb, Columnist

Amazon Follows Google’s Lead and Not In A Good Way

If Jeff Bezos thought the antitrust probes in Europe were coming to a close, he was sorely mistaken.

November 10, 2020 at 3:26 PM UTC

Alex Webb is a correspondent for Bloomberg Quicktake. He previously covered the technology, telecoms and media industries in London, San Francisco and Munich.

Ready for the long haul.
Photographer: Olivier Hoslet/AFP

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Amazon.com Inc. is getting the Google treatment.

Google’s years of punishment for antitrust violations meant the online advertising giant started booking “European Commission fine” as a recurring cost in its annual earnings reports — the cumulative figure has topped 8.2 billion euros ($9.7 billion). Amazon is the next in line.