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Amazon Says FTC's Antitrust Investigation Is Harassing Executives

2022-08-16 2,165 Dailymotion

Amazon Says , the FTC's Antitrust Investigation , Is Harassing Executives .<br />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.<br />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.<br />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.<br />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.<br />Al Jazeera reports that Amazon is looking <br />to limit the FTC's most recent demands, <br />which are similar to subpoenas.<br />According to Amazon, the requests are , “unworkable for Amazon to discern the information <br />staff demands and to respond in the timeframe allowed.”.<br />Amazon has been the subject <br />of FTC investigations for potential <br />anticompetitive conduct for several years. .<br />The recent filings offer a glimpse <br />of the ongoing struggle between regulators <br />and one of the world's largest companies.<br />Antitrust enforcement has been a cornerstone of the Biden <br />administration's economic policy, which is looking to change <br />decades of lax oversight and consolidation of corporate power. .<br />Antitrust enforcement has been a cornerstone of the Biden <br />administration's economic policy, which is looking to change <br />decades of lax oversight and consolidation of corporate power. .<br />Al Jazeera reports that 20 current and former Amazon employees were served individual information demands at their homes in June.<br />Both Bezos and Jassy are pushing <br />to have the FTC's requests quashed. .<br />Both Bezos and Jassy are pushing <br />to have the FTC's requests quashed. .<br />They argue that the same information requested could be obtained through documents and testimony already offered by Amazon executives.<br />They argue that the same information requested could be obtained through documents and testimony already offered by Amazon executives

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