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Stock impact report

FTC accuses Amazon executives of erasing messages in antitrust case [Seeking Alpha]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
such as Signal to conceal potential evidence in the agency's ongoing antitrust case against the e-commerce giant, the Washington Post reported. "For years, Amazon's ( AMZN ) top executives, including founder and former CEO Jeff Bezos, discuss[ed] sensitive business matters, including antitrust, over the Signal encrypted-messaging app instead of email," the FTC alleged in a document filed Thursday evening. "These executives turned on Signal's 'disappearing message' feature, which irrevocably destroys messages, even after Amazon ( AMZN ) was on notice that plaintiffs were investigating its conduct," the filing said. The agency last fall had first accused Amazon ( AMZN ) of intentionally deleting messages in its original antitrust complaint. The FTC is now asking a U.S. District Court judge to order the company to turn over documents related to its handling of data. "The FTC's contentions are baseless," Amazon spokesman Tim Doyle said in a statement, responding to the filing alle Show less Read more
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