UK grocery watchdog probes Amazon over alleged supplier payment delays
LONDON, June 20 (Reuters) - Britain's grocery regulator on Friday launched an investigation into Amazon (AMZN.O), opens new tab, probing whether the retail giant breached rules on timely supplier payments over a three-year period.
The Groceries Code Adjudicator said it suspects Amazon violated paragraph 5 of the Groceries Supply Code of Practice, which mandates prompt payment to suppliers.
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