Amazon faces two new antitrust probes as pandemic demand skyrockets - Business Insider

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Amazon faces multiple US antitrust probes as the coronavirus cements its dominance in online retail

In addition to being individually scrutinized, Amazon is being folded into more general national antitrust investigations into big tech.a House tech competition probe has written to the CEOs of Amazon, Apple, Alphabet, and Facebook requesting they testify in July. The letters sent by the committee reportedly contained reminders that subpoenas could be used to compel CEOs to testify and provide documents.against Amazon following its investigation into similar allegations.

as its cloud computing business accounts for the bulk of its profit, allowing it to prop up the other parts of its business.

 

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