Amazon accuses FTC of harassing founder Jeff Bezos with “burdensome” investigation

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Amazon.com Inc. accused the US Federal Trade Commission of harassing its founder Jeff Bezos and the company’s Chief Executive Officer Andy Jassy as it probes the e-commerce giant’s business practices.

made public on Monday, Amazon claimed that FTC staff have made “unduly burdensome” demands as the agency investigates whether the company’s subscription services, including Amazon Prime, violate consumer protection laws.

The FTC, which has both antitrust and consumer protection mandates, has been investigating Amazon for potential anticompetitive conduct for several years. , a former prosecutor in the Justice Department’s antitrust division who now teaches law at the University of Tennessee.from the Amazon investigation altogether.

The Biden administration has stepped up antitrust enforcement as a keystone of its economic policy, seeking to reverse what antitrust officials view as decades of lax oversight over corporate consolidation and market power. The FTC will be required to respond to Amazon’s allegations over the next few months. Then the commission will hand down a ruling about how to move forward.

 

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Just look at Amazon's business practices regarding the construction of its offices in Cape Town.

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