Current:Home > InvestHouse lawmakers ask Amazon to prove Bezos and other execs didn't lie to Congress -Global Finance Compass
House lawmakers ask Amazon to prove Bezos and other execs didn't lie to Congress
View
Date:2025-04-12 23:35:39
Five members of a congressional committee say Jeff Bezos and other Amazon executives misled lawmakers and may have lied under oath, according to a Monday letter to Andy Jassy, who succeeded Bezos as CEO in July.
A bipartisan group of House lawmakers is asking Amazon for "exculpatory" evidence in light of news reports about the company's special treatment of its own brands over other sellers' products.
The lawmakers, all members of the House Judiciary Committee, add they are weighing "whether a referral of this matter to the Department of Justice for criminal investigation is appropriate." An Amazon representative on Monday said the company and its executives did not mislead the committee and denied allegations of unfair business practices.
At the center of this inquiry are questions about how Amazon treats its own private labels versus other companies' products on its site. The committee cited recent news investigations by Reuters, The Markup and others saying that Amazon used data from third-party sellers to copy products and give its own listings more prominent play, in some cases without indication.
Amazon has called the media reports "incorrect and unsubstantiated," repeating that its employees are strictly prohibited "from using non-public, seller-specific data to determine which store brand products to launch" and that it designs search results "to feature the items customers will want to purchase, regardless of whether they are offered by Amazon" or another seller.
Monday's letter was signed by New York Democrat Jerrold Nadler, who chairs the Judiciary Committee, plus David Cicilline, D-R.I., who chairs the antitrust subcommittee, Ken Buck, R-Colo., Pramila Jayapal, D-Wash., and Matt Gaetz, R-Fla.
The House antitrust panel has long been zeroing in on Amazon and other tech giants' use of their scale and influence. The subcommittee's Democrats produced a sweeping report a year ago, calling Amazon "a gatekeeper for e-commerce." One of the key authors, Lina Khan, is now the head of the Federal Trade Commission.
Editor's note: Amazon is among NPR's financial supporters.
veryGood! (523)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- 2028 Los Angeles Olympics adds 5 sports including lacrosse, cricket, flag football
- Putin meets Hungarian Prime Minister Orbán in first meeting with EU leader since invasion of Ukraine
- A $1.4 million ticket for speeding? Georgia man shocked by hefty fine, told it's no typo
- Trump wants to turn the clock on daylight saving time
- Clashes again erupt on the Lebanon-Israel border after an anti-tank missile is fired from Lebanon
- Suzanne Somers dies at 76: 'Three's Company' co-star Joyce DeWitt, husband Alan Hamel mourn actress
- Israel suspends military exports to Colombia over its president’s criticism of Gaza seige
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- The mother of an Israeli woman in a Hamas hostage video appeals for her release
Ranking
- Louvre will undergo expansion and restoration project, Macron says
- Brussels shooter who killed 2 soccer fans in 'act of terrorism' shot dead by police
- Raiders 'dodged a big bullet' with QB Jimmy Garoppolo's back injury, Josh McDaniels says
- The Biden Administration Has Begun Regulating 400,000 Miles of Gas ‘Gathering Lines.’ The Industry Isn’t Happy
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Girl Scout troop treasurer arrested for stealing over $12,000: Police
- 'We're not monsters': Community mourns 6-year-old amidst fears of anti-Muslim hate
- Retail sales rise solid 0.7% in September, reflecting US shoppers’ resilience despite higher prices
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Republicans will try to elect Trump ally Rep. Jim Jordan as House speaker but GOP holdouts remain
Brock Bowers has ankle surgery. What it means for Georgia to lose its standout tight end
Oscar-winner Michelle Yeoh elected to be an International Olympic Committee member
$73.5M beach replenishment project starts in January at Jersey Shore
Bills RB Damien Harris released from hospital after neck injury, per report
Trump set to return to the civil fraud trial that could threaten his business empire
Californians plead guilty in $600 million nationwide catalytic converter theft scheme