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German antitrust watchdog launches new proceedings against Amazon

BERLIN, May 18 (Reuters) - Germany's antitrust watchdog said on Tuesday it has launched a new investigation into whether U.S. ecommerce giant Amazon is exploiting its market dominance.

"In a first step, we are looking at whether Amazon is of outstanding, cross-market importance for competition," the Federal Cartel Office said in a statement.

Should it find that such a marketing position exists, new rules for digital companies would allow it to prohibit any anti-competitive behaviour at an earlier stage, the watchdog said. (Reporting by Kirsti Knolle Editing by Caroline Copley)