[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column _builder_version="4.4.9" type="4_4"][et_pb_text _builder_version="4.4.9" hover_enabled="0"]On Wednesday, Amazon CEO Jeff Bezos, appeared virtually to testify before Congress, and along with CEOs from Facebook, Apple and Google to answer questions about anti-competitive behavior. During the five-hour-long Q&A session, Bezos answered questions, ranging from private brand to counterfeit products. The questioning was intense, and Bezos often did not have

[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9"]Statement by Jeffrey P. Bezos Founder & Chief Executive Officer, Amazon before the U.S. House of Representatives Committee on the Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law July 29, 2020 Thank you, Chairman Cicilline, Ranking Member Sensenbrenner, and members of the Subcommittee. I’m Jeff Bezos. I founded Amazon

[et_pb_section fb_built="1" _builder_version="4.4.8"][et_pb_row _builder_version="4.4.8"][et_pb_column type="4_4" _builder_version="4.4.8"][et_pb_text _builder_version="4.4.8"]Amazon is one again under attack – this time from California and Washington who are reviewing the online retailer's alleged use of third-party seller data to give its private brands an advantage online. This past Friday The Wall Street Journal reported that the state of California is reviewing Amazon. That

[et_pb_section fb_built="1" _builder_version="4.4.7"][et_pb_row _builder_version="4.4.7"][et_pb_column type="4_4" _builder_version="4.4.7"][et_pb_text _builder_version="4.4.7"]Amazon responds to the charges from overzealous legislators with this letter. Bravo! "As you know, such use of store data is the norm across the diverse and competitive retail landscape, where large retailers like Walmart, Target, Walgreens, Kroger, and Costco use store data to develop and sell private brands."

[et_pb_section fb_built="1" _builder_version="4.4.6"][et_pb_row _builder_version="4.4.6"][et_pb_column type="4_4" _builder_version="4.4.6"][et_pb_text _builder_version="4.4.6"]In a letter to Attorney General William P. Barr Republican Senator Josh Hawley of Montana has asking the Department of Justice to open a criminal investigation into online giant Amazon. The request follows Friday’s Wall Street Journal report that said Amazon employees had used data from third-party sellers to help develop Amazon private brand

[et_pb_section fb_built="1" _builder_version="4.4.6"][et_pb_row _builder_version="4.4.6"][et_pb_column type="4_4" _builder_version="4.4.6"][et_pb_text _builder_version="4.4.6"]This week Amazon CEO Jeff Bezos published his annual shareholder letter. Take a minute to read the letter his thoughts provide some interesting insights into their culture and his thoughts during these historic and trying times. To our shareowners: One thing we’ve learned from the COVID-19 crisis is how important Amazon