Amazon scooped up data from its own sellers to launch competing products [MSN Money]
Target Corporation (TGT)
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Source: MSN Money
© Angela Ows/The Wall Street JournalAmazon.com Inc. employe have used data about indepdt sellers on the company’s platform to develop competing products, a practice at odds with the company’s stated polici.The online retailing giant has long asserted, including to Congrs, that wh it mak and sells its own products, it don’t use information it collects from the site’s individual third-party sellers—data those sellers view as proprietary.Yet interviews with more than 0 former employe of Amazon’s private-label busins and documts reviewed by The Wall Street Journal reveal that employe did just that. Such information can help Amazon decide how to price an item, which featur to copy or whether to ter a product segmt based on its earning pottial, according to people familiar with the practice, including a currt employee and some former employe who participated in it.Load ErrorIn one instance, Amazon employe accsed documts and data about a btselling car-trunk organizer sold by a third-party vd
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TGT
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