Innsworth backs £2.5 billion claim against Amazon

Innsworth is backing a UK opt-out competition damages claim estimated to be worth over £2.5 billion on behalf of UK-domiciled third-party sellers against Amazon.

The claim is being brought by Andreas Stephan, a leading competition law scholar and the Head of the University of East Anglia Law School, together with a team composed of Geradin Partners, Kieron Beal KC (Blackstone Chambers), Daniel Carall-Green and Hannah Bernstein (Fountain Court), and Frontier Economics.

The claim will focus on multiple anti-competitive practices by Amazon that have allegedly harmed UK sellers who have used Amazon’s platform. It will be filed shortly in the UK Competition Appeal Tribunal.

Professor Stephan said: “Amazon has engaged in a variety of strategies to grow its e-commerce platform, lock sellers into it, prevent the expansion of rivals, and use that privileged position to exploit sellers that use its platform. I am bringing this litigation to give sellers in the UK the opportunity that they might not otherwise have to be compensated for all those unfair practices.”

Founding Partner of Geradin Partners, Damien Geradin, said: “Amazon is one of the world’s largest companies. As regulators around the world are increasingly finding, Amazon has abused that position in multiple ways to prevent third-party sellers of all sizes from enjoying the benefits that flow from free and fair online commerce. This claim intends to give sellers the opportunity to seek redress for these anti-competitive practices.”