The regulator is harassing Jeff Bezos in an antitrust probe, Amazon claims

Amazon.com accused the US Federal Trade Commission of harassing its founder Jeff Bezos and the company’s chief executive officer, Andy Jassy, ​​while it conducts an antitrust investigation into the e-commerce giant’s business practices.

In a filing published Monday, Amazon alleged that FTC officials made “unreasonably onerous” claims as it investigated whether the company’s subscription services, including Amazon Prime, violated antitrust laws.

The online retailer is seeking to vacate or limit the FTC’s recent subpoena-like civil investigation requests.

Amazon said the FTC’s requests were “impossible for Amazon to recognize and respond to employees’ information requests within the permitted timeframe.”

The FTC has been investigating Amazon for possible anticompetitive behavior for several years.

The filing offers an unusually public glimpse into the ongoing battle between one of the world’s largest companies and one of its regulators.

FTC Chair Lina Khan, who took office in June 2021, has escalated the investigation.

She roused the team, re-interviewed potential witnesses and asked questions about the company’s recent acquisition of MGM Studios, Bloomberg reported in May.

The Biden administration has increased antitrust enforcement as a cornerstone of its economic policies.

The government is trying to undo what antitrust officials see as decades of lax oversight of corporate consolidation and the market
Energy.

According to the FTC, 20 current and former Amazon employees were asked at home in June for individual information
Submission.

Bezos and Jassy are also seeking to have the FTC’s requests addressed to them dismissed, arguing that the commission could obtain the same information from the documents and testimonies that company executives have already offered.

https://www.independent.ie/business/regulator-is-harassing-jeff-bezos-in-antitrust-probe-amazon-claims-41917072.html The regulator is harassing Jeff Bezos in an antitrust probe, Amazon claims

Fry Electronics Team

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