Amazon Says FTC's Antitrust Investigation Is Harassing Executives

Video Credit: Wibbitz Top Stories
Published on August 16, 2022 - Duration: 01:31s

Amazon Says FTC's Antitrust Investigation Is Harassing Executives

Amazon Says , the FTC's Antitrust Investigation , Is Harassing Executives .

Al Jazeera reports that Amazon has accused the Federal Trade Commission (FTC) of harassing founder Jeff Bezos and the company's Chief Executive Officer, Andy Jassy.

Al Jazeera reports that Amazon has accused the Federal Trade Commission (FTC) of harassing founder Jeff Bezos and the company's Chief Executive Officer, Andy Jassy.

In an August 15 filing, Amazon accused the FTC of making "unduly burdensome" demands as part of its investigation into whether or not Amazon had violated antitrust laws.

In an August 15 filing, Amazon accused the FTC of making "unduly burdensome" demands as part of its investigation into whether or not Amazon had violated antitrust laws.

Al Jazeera reports that Amazon is looking to limit the FTC's most recent demands, which are similar to subpoenas.

According to Amazon, the requests are , โ€œunworkable for Amazon to discern the information staff demands and to respond in the timeframe allowed.โ€.

Amazon has been the subject of FTC investigations for potential anticompetitive conduct for several years.

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The recent filings offer a glimpse of the ongoing struggle between regulators and one of the world's largest companies.

Antitrust enforcement has been a cornerstone of the Biden administration's economic policy, which is looking to change decades of lax oversight and consolidation of corporate power.

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Antitrust enforcement has been a cornerstone of the Biden administration's economic policy, which is looking to change decades of lax oversight and consolidation of corporate power.

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Al Jazeera reports that 20 current and former Amazon employees were served individual information demands at their homes in June.

Both Bezos and Jassy are pushing to have the FTC's requests quashed.

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Both Bezos and Jassy are pushing to have the FTC's requests quashed.

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They argue that the same information requested could be obtained through documents and testimony already offered by Amazon executives.

They argue that the same information requested could be obtained through documents and testimony already offered by Amazon executives


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