House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices.
FILE - In this Thursday, Sept. 19, 2019 file photo, Amazon CEO Jeff Bezos walks off stage after holding a news conference at the National Press Club in Washington to announce the Climate Pledge, setting a goal to meet the Paris Agreement 10 years early. On Monday, Feb. 17, 2020, Bezos said that he plans to spend $10 billion of his own fortune to help fight climate change.
FILE - In this Thursday, Sept. 19, 2019 file photo, Amazon CEO Jeff Bezos walks off stage after holding a news conference at the National Press Club in Washington to announce the Climate Pledge, setting a goal to meet the Paris Agreement 10 years early. On Monday, Feb. 17, 2020, Bezos said that he plans to spend $10 billion of his own fortune to help fight climate change. CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices.
In a letter to Bezos on Friday, leaders of the House Judiciary Committee are holding out the threat of a subpoena if he doesn’t agree voluntarily to appear. Amazon used sensitive information about sellers on its marketplace, their products and transactions to develop its own competing products, according to a recent Wall Street Journal report. An
executive denied such a practice in statements at a committee hearing last July, saying the company has a formal policy against it.
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