Friday, May 01, 2020

TECH_ Amazon CEO Jeff Bezos Called to Testify Before Congress

THE WALL STREET JOURNAL

TECH  -  CONSUMER TECHNOLOGY



Amazon CEO Jeff Bezos Called to Testify Before Congress

Lawmakers want to know if the retailing giant used data about independent sellers on its platform to develop competing products 


Trash to Cash: Your Amazon Purchase Could Come From the Garbage
Some Amazon third-party sellers sell second-hand products as new on the site—some even claim to sell products they found while digging through garbage dumpsters. The Wall Street Journal set out to test their claims by setting up an Amazon storefront and gathering some trash. Photo: Robert Alcaraz/The Wall Street Journal (Originally published Dec. 17, 2019)


By Dana Mattioli and Ryan Tracy
Updated May 1, 2020 6:06 pm ET

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Lawmakers on the House Judiciary Committee called on Amazon.com Inc. Chairman and CEO Jeff Bezos to testify on its private-label practices, citing a Wall Street Journal investigation that found Amazon employees used data about independent sellers on its platform to develop competing products.

The House panel has been investigating the market power of Amazon and other large technology firms.

“On...

READ MORE: https://www.wsj.com/articles/amazon-ceo-jeff-bezos-called-to-testify-before-congress-11588343537?mod=hp_lista_pos2



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