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Two US lawmakers spearheading an antitrust investigation into Amazon are looking into whether a top company official lied before Congress about whether the e-commerce giant uses independent seller data to create its own products and unfairly compete on its platform.
In a report Thursday, the Wall Street Journal wrote that Amazon employees used independent seller data to develop the company’s own competing products. In one case, Amazon employees allegedly analyzed the sales and profit margins of a car-trunk organizer created by a third-party seller, using it to make a decision about launching a directly competing product.
Over the last few months, the House Judiciary Committee has been engaged in an antitrust investigation looking into...
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Democrats want to know if Amazon ‘lied’ about using platform data to create products
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April 24, 2020
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