The FTC is asking Amazon's rivals if they are being crushed by Jeff Bezos' company

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

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

A new report from Vox revealed that the government agency has been questioning Amazon's competitors about its business practices.

The Federal Trade Commission is questioning Amazon's competitors about some of its business practices, according to Vox. While this doesn't mean that the FTC has launched an investigation into Amazon, it signals that the tech giant is becoming the focus of increased regulatory scrutiny. Sources told Vox that the FTC is interested in Amazon's logistics service, its role as both a seller and marketplace, and Amazon Prime. Visit Business Insider's homepage for more stories.

The Federal Trade Commission is questioning Amazon's competitors about some of its business practices, according to Vox. While this doesn't mean that the FTC has launched an investigation into Amazon, it signals that the tech giant is becoming the focus of increased regulatory scrutiny. Sources told Vox that the FTC is interested in Amazon's logistics service, its role as both a seller and marketplace, and Amazon Prime. Visit Business Insider's homepage for more stories.

 

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

Soon they’ll force us all to pay shipping fees or go back to shopping malls because it’s in ‘other companies best interests’ to have a “fair market”. It’s in my best interest to get the lowest price & free shipping!

like asking if NYCMayor hating on real estate owners that his solution to everything is raising property taxes to fund his scam initiatives like overpaying in hands reach deal for homeless housing and funding his wife’s thrivenyc project where she doesn’t know where money spent

eminem So the FTC won't let me be Or let me be me so let me see Trump wants to shut me down, it's jealousy It would feel so empty without me!

Under the GOP there is no anti-trust. Bezos is the WORST example of capitalism. Capitalism demands to be tamed by regulation.

Great for $Roku

So what if Amazon does?! Why punish a company that embraced innovation to the benefit of its customers? Does FTC want all companies to aim for just mediocrity?

Would be nice if they asked all other giant tech companies, especially Google and their rival search engines.

The Anti-Monopoly Act is subject to the slogan of enumeration of items and is to achieve the company and establish its quality technology to achieve the rise in the rules quality systems and maintain the company's technology

Good, time to regulate tech

Toy r us close because of them

Duh... Yea

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.

Former Amazon executive uses Bezos' mock press release trick at his smart home companyCharlie Kindel burned out at Amazon, but he's still influenced by its practices in his new gig at home automation company Control4.
Source: CNBC - 🏆 12. / 72 Read more »