This translation has been automatically generated and has not been verified for accuracy.chief executive Sunday, and accused the company’s top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon’s business practices.
“At best, this reporting confirms that Amazon’s representatives misled the Committee. At worst, it demonstrates that they may have lied to Congress in possible violation of federal criminal law,” the letter states. Reuters reviewed a copy of the letter. Since 2019, the House Judiciary Committee has been investigating competition in digital markets, including how Amazon uses proprietary seller data from its platform, and whether the company unfairly favours its own products.
It gives the CEO until Nov. 1 to provide a sworn response to clarify “how Amazon uses non-public individual seller data to develop and market its own line of products” and how Amazon’s search rankings favour those products.
The letter’s sharp wording ratchets up the rhetoric between Washington and Big Tech. Companies including Amazon, Facebook Inc, Apple Inc and Alphabet Inc’s Google have been under growing scrutiny in Washington, Europe and other parts of the world, fuelled by concerns among regulators, lawmakers and consumer groups that the firms have too much power and are engaging in unfair practices that hurt other businesses.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CTVNews - 🏆 1. / 99 Read more »
Source: nationalpost - 🏆 10. / 80 Read more »