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FTC urges Bezos, Amazon CEO Jassy to testify in subscriber probe

The Federal Trade Commission is asking Amazon founder and CEO Jeff Bezos and CEO Andy Jassy to testify before the agency as part of its expanded investigation into the company’s Prime membership program and other services.

The FTC is investigating whether Amazon enticed customers into acquiring and retaining subscriptions. The agency on Wednesday gave the couple until October 7 to testify.

Amazon has claimed that its opt-in and opt-out processes are “simple and transparent, clearly presenting customers with choices and the implications of those choices.”

In August, the company accused the FTC of harassing its officials and asked the agency to close its investigation. The FTC said it considers the two Amazon executives to be key witnesses.

The company called for the investigation to be dropped or for the executives’ statements to be delayed.

The FTC’s request for the statements from the executives added to the company’s growing legal problems. The FTC also on Wednesday opened an investigation into Amazon’s $1.7 billion acquisition of iRobot. The UK media regulator launched an investigation into the control Amazon, Google and Microsoft have over the cloud computing industry. Amazon faced an antitrust review in the UK earlier this year. Last week, California’s Attorney General sued the retail giant for unfair pricing.

https://www.ibtimes.com.au/ftc-demands-amazons-bezos-ceo-jassy-testify-subscriber-investigation-1838657?utm_source=Public&utm_medium=Feed&utm_campaign=Distribution FTC urges Bezos, Amazon CEO Jassy to testify in subscriber probe

Fry Electronics Team

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