House Panel Wants Amazon CEO Jeff Bezos to Testify in Antitrust Probe

By Marcy Gordon

House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices.

In a letter to Bezos on Friday, leaders of the House Judiciary Committee are holding out the threat of a subpoena if he doesn’t agree voluntarily to appear.

Amazon used sensitive information about sellers on its marketplace, their products and transactions to develop its own competing products, according to a recent Wall Street Journal report. An Amazon executive denied such a practice in statements at a committee hearing last July, saying the company has a formal policy against it.

Amazon spokesmen had no immediate comment.

More In Business

Google faces off with US government in attempt to break up company in search monopoly case

Google is confronting an existential threat as the U.S. government tries to break up the company as punishment for being a monopoly.

Judge pauses plans for mass layoffs at Consumer Financial Protection Bureau

President Donald Trump’s attempt to fire nearly everyone at the Consumer Financial Protection Bureau has been paused by a federal judge.

Big Business This Week: Can Goldman say ‘recession’?

Wall Street watches wishy-washiness. Plus, tariffs bringing up banks, judges breaking down Google, and...remember the infinite money glitch?

Spout Co-Founders on How They're Changing the Way We Get Water

Spout co-founders, Tyler Breton and Reuben Vollmer, explain how to get clean drinking water effortlessly with their innovation. Watch!

@BoyWithNoJob Has Finally Found a Job and It's Quite Refreshing!

Ben Soffer, aka @boywithnojob, discusses his journey from social media influencer to entrepreneur and why he wanted to enter the competitive drink space. Watch!

Why Trump Is Making Drastic Decisions with Tariffs

StockstoTrade.com Technical Trainer, Tim Bohen, discusses why he thinks Trump is doing what he is doing and how it will affect the market going forward.

Is More Market Volatility Right Around the Corner?

Jacob Sonenshine, Stock Pick Writer at Barron's, unpacks the current state of the markets, Trump's tariffs and if more volatility is on the way. Watch!

The great Easter basket question — to Peep or not Peep

Love them or hate them, marshmallow Peeps are inescapable around the Easter holiday. So: Should you Peep? Or not Peep?

U.S. Bond Market Rattled by Escalating Trade Disputes and Surging Yields

Adam Turnquist, Chief Technical Strategist at LPL Financial, joins Cheddar to break down the current state of the U.S. bond market. Watch!

Will High Rates and Prices Keep People Renting Over Buying?

RedFin's Chen Zhao joins Cheddar to breakdown the current state of the housing market in the United States and what prospective homebuyers need to know. Watch!

Load More