Amazon may face criminal liability for lying to Congress, House lawmakers allege

Amazon may face criminal liability for lying to Congress, House lawmakers allege

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Key Facts

  • The letter threatens to focus even greater scrutiny on Amazon (AMZN) as it seeks antitrust approval for its acquisition of MGM, and as lawmakers continue to weigh a raft of bills targeting competition in digital markets.
  • In 2020, the Judiciary Committee antitrust panel published a landmark report summarizing the results of its investigation into Big Tech, finding that Amazon, Apple (AAPL), Facebook (FB) and Google (GOOG) enjoy “monopoly power” and dominate their respective parts of the industry, thanks in part to their control of data.
  • After being “caught in a lie,” the lawmakers wrote, Amazon tried to draw “misleading” distinctions about how its policy prohibited the use of individual sellers’ data while still allowing Amazon to use seller data in the aggregate.
  • But although Bezos and other company officials tried to paint any violations of the policy as the result of rogue employee action, “multiple, credible reports offered specific evidence that Amazon employees regularly violated the Seller Data Protection Policy, and senior officials knew about this practice,” the letter said.

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