Amazon and the Corona Virus: Senator slams Amazon over coronavirus price gouging on hand sanitizer and face masks - by Nick Staff

US Senator Ed Markey (D-MA) is harshly criticizing what he sees as Amazon’s inconsistent response to ongoing coronavirus-related price gouging on the e-commerce company’s third-party Marketplace platform. While Markey is acknowledging that Amazon is indeed removing an ever-increasing number of listings, he said Wednesday in a new letter to CEO Jeff Bezos that Amazon’s response needs to improve. He’s chiefly concerned about the lack of transparency around how it determines a product is having its prices unfairly raised and the process Amazon undergoes to detect that and then take action. 

Senator slams Amazon over coronavirus price gouging on hand sanitizer and face masks - The Verge

EU under Pressure to Delay Solvency II Insurer Capital Rules - by Myles Neligan

The European Union may be forced to put back the January 2014 start date for its Solvency II capital regime for insurers after talks to agree a final draft of the strict new rules collapsed, Europe’s top insurance sector lobby said on Friday.

Thursday’s failed talks between EU officials and lawmakers meant there will now be no deal until after the EU Parliament returns from its summer break, squeezing an already tight legislative timetable and making a delay more likely.

Note EU-Digest: for the sake of the consumers it hopefully will not be delayed.

Read more: EU under Pressure to Delay Solvency II Insurer Capital Rules