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Stock impact report

Amazon should be forced to disclose how Jeff Bezos and others were instructed to use the Signal disappearing-message app, FTC says [Fortune]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Fortune
app Signal to discuss sensitive topics and about preserving documents related to antitrust matters, according to a new court filing. In its filing, the FTC said it seeks “to compel Amazon to produce documents related to the company's failure to preserve Signal messages, namely Amazon's document preservation notices and its instructions about the use of ephemeral messaging applications, including Signal.” The filing marks the latest salvo in what could be a years-long antitrust battle between the regulatory agency and the Seattle-based tech giant. In September, the Lina Khan-run FTC filed a historic suit against Amazon, arguing that the Jeff Bezos-founded company has illegally maintained a monopoly and artificially raised prices for consumers through policies and practices related to the treatment of its hundreds of thousands of Amazon sellers. Amazon has said the suit is meritless and that it will fight it in court; a trial is not slated to begin until October 2026. In the fall, Show less Read more
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