Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Amazon's Jeff Bezos 'may have lied to Congress'

Amazon's Jeff Bezos 'may have lied to Congress'

Executives at Amazon, including founder Jeff Bezos, may have misled or lied to Congress about the firm's business practices, top US lawmakers have said.

The members of the House Judiciary Committee said they were considering referring the firm "for criminal investigation".

It follows an investigation by Reuters that claimed Amazon copied products and rigged its search results in India to boost sales of its own brands .

Amazon strongly denies the allegations.

"Amazon and its executives did not mislead the committee, and we have denied and sought to correct the record on the inaccurate media articles in question," a spokesperson said.

On Monday, five members of the US House Judiciary Committee wrote to Amazon boss Andy Jassy, who succeeded Mr Bezos in July.

They said "credible reporting" by Reuters and recent articles in other news outlets "directly contradicts the sworn testimony and representations of Amazon's top executives - including former CEO Jeffrey Bezos".

"At best, this reporting confirms that Amazon's representatives misled the Committee. At worst, it demonstrates that they may have lied to Congress in possible violation of federal criminal law," the letter states.

Continued investigations


Since 2019, the House Judiciary Committee has been investigating competition in digital markets, including how Amazon uses third party seller data from its platform, and whether the company unfairly favours its own products.

In sworn testimony before the Judiciary Committee's anti-trust subcommittee last year, Mr Bezos said the firm forbids employees using data on individual sellers to benefit Amazon's own-brand product lines.

In another hearing in 2019, Nate Sutton, Amazon's associate general counsel, said the firm never used such data to create its own-branded products or manipulate its search results for private gain.

"The algorithms are optimised to predict what customers want to buy regardless of the seller," he said.

Amazon denies it users data on third party sellers to boost sales of its own brand goods

However, Reuters' investigation - which was based on thousands of pages of internal Amazon documents leaked to the news agency - contradicted these claims.

The news agency alleged that, in India at least, Amazon had a secret policy of manipulating search results to favour Amazon's own products, as well as copying other sellers' goods.

Reuters also claimed that at least two senior company executives were aware of the policy.

The lawmakers' letter also cites other recent stories in the Markup, the Wall Street Journal and the Capitol Forum about Amazon's private-brand products and use of seller data.

The lawmakers have given Mr Jassy until 1 November to provide evidence to corroborate the company's previous testimony and statements.

Their letter also notes that "it is criminally illegal to knowingly and wilfully make statements that are materially false, conceal a material fact, or otherwise provide false documentation in response to a congressional investigation".

'Unsubstantiated'


"We strongly encourage you to make use of this opportunity to correct the record... as we consider whether a referral of this matter to the Department of Justice for criminal investigation is appropriate," the letter states.

In a statement, an Amazon spokesperson called the claims made by Reuters and other media outlets "factually incorrect and unsubstantiated".

They added: "As we have previously stated, we have an internal policy, which goes beyond that of any other retailer's policy that we're aware of, that prohibits the use of individual seller data to develop Amazon private label products.

"We investigate any allegations that this policy may have been violated and take appropriate action."

Big tech companies including Amazon, Facebook and Alphabet have been under growing scrutiny in Washington, Europe and other parts of the world.

Regulators are concerned they have too much power and are engaging in unfair practices that hurt other businesses.

The lawmakers' letter was signed by a bipartisan group including Democrats Jerrold Nadler, David Cicilline and Pramila Jayapal, and Republicans Ken Buck and Matt Gaetz.

In India on Monday, a trade group representing thousands of brick-and-mortar retailers has urged Prime Minister Narendra Modi to take action against Amazon.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
Iran Sets Three Conditions for Ending Regional War as Diplomatic Efforts Intensify
Iran warns of $200 oil as forces target merchant ships in Gulf
Japan to Release 45 Days of Oil Reserves Amid Iran Conflict
Global Energy Agency Announces Record Release of 400 Million Barrels to Stabilize Oil Markets Amid Hormuz Disruption
U.S. and Israel Intensify Strikes on Iran as Conflict Expands to Lebanon and Gulf States
When the State Replaces the Parent: How Gender Policy Is Redefining Custody and Coercion
Larry Summers, the former U.S. Treasury Secretary, is resigning from Harvard University as fallout continues over his ties to Jeffrey Epstein.
U.S. stocks ended higher on Wednesday, with the Dow gaining about six-tenths of a percent, the S&P 500 adding eight-tenths of a percent, and the tech-heavy Nasdaq climbing roughly one-and-a-quarter percent.
Nvidia posted better than expected results for the January quarter on Wednesday and forecast current quarter revenue above market estimates.
Ukrainian government intensifies pressure on Hungary and Slovakia with oil blockade
Britain’s Channel Crisis: Paying Billions While the Boats Keep Coming
Woman Receives Gift Card for Christmas – Discovers It Is ‘Worth’ 63,000,000,000,000,000 Pounds
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
×