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0.000534394591752953 0.000486603205498569 0.00184648537800814 0.00106661684776702 0.000608818814165363 0.00243301602749304 -0.00371903878488226 -0.00679072151959234
Stock impact report

Bezos called to testify before House antitrust panel [MSNBC.com]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: MSNBC.com
House lawmakers leading an antitrust investigation into Amazon demanded Friday that CEO Jeff Bezos testify about the company’s alleged practice of gleaning financial information from third-party sellers to bolster its own private label business.The House Judiciary Committee threatened to subpoena Bezos if he does not voluntarily agree to testify.Get breaking news and insider analysis on the rapidly changing world of media and technology right to your inbox.This site is protected by recaptchaPrivacy PolicyAmazon’s stock fell after the announcement.The letter comes after aWall Street Journal investigationAmazon's associate general counsel, Nate Sutton, said in a July hearing on the company’s practices that “we do not use any seller data to compete with them.” He also told Rep. David Cicilline, D-R.I., chair of the House antitrust subcommittee, in the same hearing that “we do not use their individual data when we’re making decisions to launch private brands.” Amazon has also submitted nu Show less Read more
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