LONDON, Feb 26 (Reuters) - Amazon on Thursday lost its latest bid to try and throw out two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.41 billion) for allegedly abusing
UK Court Blocks Amazon Appeal Over Retailer and Consumer Class Actions
UK Class Actions Against Amazon: Status and Parties
LONDON, Feb 26 (Reuters) - Amazon on Thursday lost its latest bid to try and throw out two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.41 billion) for allegedly abusing its dominant position.
Retailers' Collective Claim
Andreas Stephan, a competition law academic, brought one of the cases on behalf of over 200,000 third-party retailers, worth up to 2.7 billion pounds.
Consumers' Collective Claim
Consumer advocate Robert Hammond separately brought a case valued at up to 1.3 billion pounds on behalf of millions of Amazon customers.
Appeal Outcome and Next Steps
The Competition Appeal Tribunal last year certified both cases to proceed and Amazon was refused permission to appeal against that decision by the Court of Appeal on Thursday.
Claim Values and Exchange Rate
($1 = 0.7390 pounds)
Reporting and Editing Credits
(Reporting by Sam Tobin; editing by William James)
