Amazon Says , the FTC's Antitrust Investigation , Is Harassing Executives .
Al Jazeera reports that Amazon has accused the Federal Trade Commission (FTC) of harassing founder Jeff Bezos and the company's Chief Executive Officer, Andy Jassy.
Al Jazeera reports that Amazon has accused the Federal Trade Commission (FTC) of harassing founder Jeff Bezos and the company's Chief Executive Officer, Andy Jassy.
In an August 15 filing, Amazon accused the FTC of making "unduly burdensome" demands as part of its investigation into whether or not Amazon had violated antitrust laws.
In an August 15 filing, Amazon accused the FTC of making "unduly burdensome" demands as part of its investigation into whether or not Amazon had violated antitrust laws.
Al Jazeera reports that Amazon is looking
to limit the FTC's most recent demands,
which are similar to subpoenas.
According to Amazon, the requests are , “unworkable for Amazon to discern the information
staff demands and to respond in the timeframe allowed.”.
Amazon has been the subject
of FTC investigations for potential
anticompetitive conduct for several years. .
The recent filings offer a glimpse
of the ongoing struggle between regulators
and one of the world's largest companies.
Antitrust enforcement has been a cornerstone of the Biden
administration's economic policy, which is looking to change
decades of lax oversight and consolidation of corporate power. .
Antitrust enforcement has been a cornerstone of the Biden
administration's economic policy, which is looking to change
decades of lax oversight and consolidation of corporate power. .
Al Jazeera reports that 20 current and former Amazon employees were served individual information demands at their homes in June.
Both Bezos and Jassy are pushing
to have the FTC's requests quashed. .
Both Bezos and Jassy are pushing
to have the FTC's requests quashed. .
They argue that the same information requested could be obtained through documents and testimony already offered by Amazon executives.
They argue that the same information requested could be obtained through documents and testimony already offered by Amazon executives
