US House panel calls on Amazon's Bezos to testify on company practices

The U.S. House of Representatives Judiciary Committee on Friday called on Amazon founder Jeff Bezos to testify to the panel about"competition concerns" related to the company's business practices.

Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, Massachusetts, U.S., June 19, 2019. REUTERS/Katherine Taylor/FilesWASHINGTON: The U.S. House of Representatives Judiciary Committee on Friday called on Amazon founder Jeff Bezos to testify to the panel about"competition concerns" related to the company's business practices.

In a letter to Bezos signed by Democratic and Republican members of the panel, the lawmakers referred to an April 23 Wall Street Journal story about Amazon and said “If the reporting in the Wall Street Journal article is accurate, then statements Amazon made to the committee about the company’s business practices appear to be misleading, and possibly criminally false or perjurious."

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Amazon sees heavy earnings hit from coronavirus pandemicSAN FRANCISCO (AFP) - Amazon said on Thursday (April 30) profits took a hit in the past quarter due to the global pandemic and that its earnings in the current period would be entirely wiped out by Covid-related expenses.. Read more at straitstimes.com. TOXIC company and business practices!
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