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 will provide broadband internet from Space
Amazon plans to build a satellite network for high-speed internet Amazon is planning to build a network of more than 3,000 satellites federal filings reveal, in an ambitious attempt to provide global internet access. Known as Project Kuiper, the move...
Amazon is flooded with fake reviews
Thousands of fake customer reviews are found on Amazon A lot of tech products on Amazon are boosted by product reviews that appear to be fake A new investigation by a British consumer education group, called Which?, found a lot of tech categories on Amazon...
Trump is targeting Amazon and Alibaba
President Trump signs trade memorandum on counterfeit products President Donald Trump puts Amazon, Alibaba, eBay and other online marketplaces on notice, signing a memorandum that aims to curb the sale of counterfeit items online. “This is a shot across...