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

New Surveys Show Signs of Optimism Among Small Business Owners

Surveys show small business owners overall are feeling positive about their business and achieving the goals they set for this year despite inflation.

Big Business This Week: Is Google Too Big to Jail?

A look at the post-antitrust possibilities for the tech giant. Plus, Elon's weird week, Starbucks' switcheroo, and the latest in snack stocks.

Disney Argues Wrongful Death Suit Should Be Tossed Over Disney+ Trial

Disney is asking a Florida court to dismiss a lawsuit because the plaintiff signed up for a one-month trial of Disney+ in 2019.

A-List Athletes To Take NYC By Storm At Fanatics Fest

Find out how you can interact with the likes of Tom Brady, the Manning Brothers, Derek Jeter & Jay-Z all under the same roof. Watch!

Steve Ballmer’s PSA Series Tackles Election Misinformation & AI

The former Microsoft CEO launched "Just the Facts" with USAFacts to provide clear, factual information on key issues, like health, the economy, and immigration.

How the 2024 Election Could Shape Venture Capital and Tech Trends

The 2024 election could reshape venture capital with Trump’s vs. Harris’s policies. Jordan Nof explores impacts on IPOs, M&A, and investor sentiment.

What Is Up At Disney And Warner Bros. Discovery?

Research Director at CFRA Research, Ken Leon, joins Cheddar to discuss Disney's earnings plus the shake up happening at Warner Brothers Discovery. Watch!

Big Business This Week: Can Anyone Make Sense of Wall Street?

We try! Also: Google get clobbered, Musk sues advertisers, and an introduction to Walzonomics.

Top Dining Out Trends This Summer

OpenTable CEO joins Cheddar to discuss this summer's top restaurant trends, how best to make a reservation and what perks you can now get on the app. Watch!

Total Wireless Goes Big On Customer Satisfaction

Nancy Clark, President of Verizon Value, on Total Wireless’s rebranding and its commitment to top speeds, network quality, and value for prepaid customers.

Load More