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Stock impact report

This Longstanding Amazon Merchant Fear Might Be True [The Motley Fool]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
For years, there has been rampant speculation thatAmazon.com(NASDAQ:AMZNAmazon might be doing just what merchants fear.CEO Jeff Bezos. Image source: Amazon.Amazon knows what you've been sellingLast week,The Wall Street JournalAmazon told U.S. lawmakers last summer that prohibits the use of individual seller data to make product decisions or to compete with third-party sellers. However, the company acknowledged that it does analyze aggregated data for those purposes a few months later in a response to the House Antitrust Subcommittee. Amazon wrote:Just like other stores, Amazon uses public and aggregated data from its stores to identify categories and products with high customer demand over a given time period. "Aggregated data" is data that is aggregated across all third party sellers and Amazon's first party sales and is therefore not specific to an individual seller. It includes data such as aggregate sales reports at a product category level.The company added that it "prohibits the Show less Read more
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