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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BIUK Amazon is a remarkable organisation - but are also getting worryingly powerful. 🤨

Why Corporate Governance Sucks

Let them try

Australian P. M. Scott Morrison has apologised for denying his country's history with slavery.... BlackLivesMatter

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the hospital at Javits Center, from Navy Reserve officer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Microsoft expect 70 bln. Income from RAM OS cartridge Windows sales ( which increase stability and security of OS)
Source: BusinessInsider - 🏆 729. / 51 Read more »

PRESENTING: An inside look at winners and losers of fitness industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Sallie Krawcheck's Ellevest: Assets trail digital wealth rivals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is it discriminating to say that with 80 mil under mgmt she is rather a failure?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Goldman Marcus UK pauses new accounts - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »