UK grocery watchdog probes Amazon over alleged supplier payment delays
From Investing.com: 2025-06-20 07:45:00
The UK grocery watchdog is launching an investigation into Amazon over claims that the tech giant has delayed payments to its suppliers, potentially harming smaller businesses. The move comes as concerns grow over the dominance of online retailers in the grocery market, with Amazon facing scrutiny over its practices.
The Groceries Code Adjudicator has received complaints from suppliers alleging that Amazon has been delaying payments for goods sold through its platform, which could have a significant impact on their cash flow. The regulator will now investigate whether the e-commerce giant has breached the Groceries Supply Code of Practice.
Amazon has faced criticism in the past for its treatment of suppliers, with some accusing the company of using its market power to negotiate unfavorable terms. The investigation will shed light on whether Amazon has been engaging in any anti-competitive practices that could harm smaller suppliers and stifle competition in the grocery market.
The probe comes at a time when online retailers like Amazon have seen a surge in demand during the pandemic, leading to increased scrutiny over their business practices. The investigation into Amazon’s alleged supplier payment delays could have far-reaching implications for the e-commerce giant and the wider grocery industry.
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