Legislators say criminal investigation may be launched if record not corrected.
Members of the House Judiciary Committee sent a letter to Amazon warning that they will seek a criminal investigation into the company’s competition practices unless it corrects previous testimony by executives that legislators believe was misleading.
The letter to Amazon’s president and CEO signed by Committee Chairman Jerrold Nadler of New York and leaders of the antitrust panel from both parties accuses Amazon of misleading Congress and possibly even outright lying during sworn testimony. The letter stated that the case will be referred to the Department of Justice for criminal investigation if the company does not “correct the record” by November 1.
The letter cites recent media reports describing Amazon allegedly working to eliminate competition with the businesses that sell on its platform by making its own “knock-offs” or similar products and boosting their presence on the site.
The letter notes that “credible reporting” from several news outlets “directly contradicts the sworn testimony and representations of Amazon’s top executives—including former CEO Jeff Bezos.”
As the Lord Leads, Pray with Us…
- For the House Judiciary Committee as they seek to protect competition in digital markets.
- For federal agencies as officials work to enforce antitrust laws.
- For members of Congress as they address the anticompetitive practices of some large corporate entities.
Sources: National Review, Reuters
