Lawmakers demand Jeff Bezos testify on Amazon's alleged misuse of data - News Summed Up

Lawmakers demand Jeff Bezos testify on Amazon's alleged misuse of data


(CNN Business) House lawmakers are demanding that Amazon CEO Jeff Bezos testify before Congress, threatening to subpoena the world's richest man following a report last week that the company allegedly uses sales data from third-party sellers on its platform to gain a competitive advantage against them. Amazon AMZN In a letter dated Friday, House lawmakers said the report from the Wall Street Journal appeared to contradict Amazon's earlier testimony that the company does not use individual seller data to compete with them.had told lawmakers last year that it uses aggregated seller data. Amazon previously told the Journal that it is investigating the allegations internally and that employees caught using individual seller data would be in violation of company policies. "Like other retailers, we look at sales and store data to provide our customers with the best possible experience," Amazon told the Journal. "However, we strictly prohibit our employees from using nonpublic, seller-specific data to determine which private label products to launch."


Source: CNN May 01, 2020 16:18 UTC



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