BERLIN (Reuters) -Germany's cartel office has initiated proceedings into Temu to examine whether the Chinese discount e-commerce platform is influencing merchants' pricing, it said on Wednesday. "We
German Authorities Probe Temu for Potential Merchant Price Manipulation
Investigation Overview
BERLIN (Reuters) -Germany's cartel office has initiated proceedings into Temu to examine whether the Chinese discount e-commerce platform is influencing merchants' pricing, it said on Wednesday.
Concerns Over Pricing Practices
"We are investigating the suspicion that Temu could impose inadmissible requirements on merchants' pricing on the German marketplace," said office president Andreas Mundt.
Implications for Competition
"Such requirements could constitute significant restrictions of competition and ultimately lead to price increases on other sales channels," he added.
Details on Whaleco Technology Limited
The proceedings have been opened against Dublin-based Whaleco Technology Limited, which operates as Temu in Germany.
(Reporting by Miranda Murray, editing by Thomas Seythal)
