Amazon rivals offer help to antitrust investigators
Some of the biggest retailers in America have thrown their weight behind antitrust investigations into Amazon and Google.
The Retail Industry Leaders Association (RILA), which counts Walmart, Target, and Best Buy among its members, wrote a 10-page letter to the Federal Trade Commission, saying it would be happy to assist with regulatory probes, reports Business Insider.
One of the main concerns raised in the letter is to do with tech giants controlling how people search online. “It should… be quite concerning to the Commission that Amazon and Google control the majority of all of Internet product search, and can very easily affect whether and how price and product information actually reaches customers,” the letter said.
RILA takes particular aim at Amazon for “degrading the consumer experience on its own platform,” and said the company “tends to deceive consumers” by pretending to sell directly from trusted brands, even when those brands choose to remain off the platform and their merchandise is being sold on by third-party sellers.
The retailers’ letter turns up the heat on rivals like Amazon. Democratic presidential hopeful Elizabeth Warren is among those to have said that Amazon’s role as both marketplace and vendor is a prime reason for breaking up Jeff Bezos’ company.
More Amazon news
Amazon Alexa listens and transcribes everything you say
Amazon Alexa transcripts cannot be deleted You can delete voice recordings so Amazon can't listen to your conversations with Alexa anymore, but text records are a different story. Amazon doesn't need to hear your voice recordings to know what you've said....
Jeff Bezos unveils plans to send a spaceship to the moon
"It's time to go back to the moon, this time to stay" The billionaire unveiled his unmanned lunar lander Blue Moon and spoke of his hopes to send people to the moon by 2024. Jeff Bezos has announced he is going to send a spaceship to the moon, reports SKY...
Amazon may have fully automated warehouses in 10 years
It’s going to be a while before the robots take over The future of Amazon will undoubtedly involve artificial intelligence and robotics, but it’s an open question at what point AI-powered machines will be doing a majority of the work. According to Scott...