WASHINGTON - Amazon.com Inc uses “aggregated data” from sellers in its third-party marketplace to improve its overall business, the online retailer said in response to a congressional antitrust probe that could raise concerns with such sellers.
The panel, which is investigating potential breaches of antitrust law by big technology companies, also made public the responses from Facebook Inc, Alphabet Inc’s Google and Apple Inc. Amazon did not immediately respond to a request seeking comment. In the congressional response, it said use of public and aggregated sales data to spot in-demand products is standard practice in retailing, one of Amazon’s many businesses.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »