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        <title><![CDATA[Amazon’s Jeff Bezos Says He ‘Can’t Guarantee’ Company Doesn’t Use Data of Independent Sellers]]></title>
        <atom:link href="https://usagag.com/2020/07/30/amazons-jeff-bezos-says-he-cant-guarantee-company-doesnt-use-data-of-independent-sellers/" rel="self" type="application/rss+xml" />
        <link>https://usagag.com/2020/07/30/amazons-jeff-bezos-says-he-cant-guarantee-company-doesnt-use-data-of-independent-sellers/</link>
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            <media:title type="html">Amazon’s Jeff Bezos Says He ‘Can’t Guarantee’ Company Doesn’t Use Data of Independent Sellers</media:title>
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        <content:encoded><![CDATA[<p>Amazon CEO Jeff Bezos told a congressional antitrust hearing on Wednesday that he was unsure if his company had used the data of third-party sellers to inform Amazon’s business decisions, in violation of its own policies.</p><p>Bezos made the admission during questioning by Representative Pramila Jayapal (D., Wash.), whose district in Seattle is home to Amazon headquarters. Amazon has faced <strong>accusations from former employees</strong> that the company has used data from third-party sellers to market and manufacture its own products, which often directly imitate the most popular third-party products, to the detriment of those independent sellers.</p><p>“Does Amazon ever access and use third-party seller data when making business decisions?” Jayapal <strong>asked</strong>.</p><p>“We have a policy against using seller-specific data to aide our private label business, but I can’t guarantee you that that policy has never been violated,” Bezos responded.</p><form class="form-newsletter" data-component="newsletter" data-success="Thank you for subscribing!" data-error="There was a problem signing you up, please try again."> <input name="latest_sub" type="hidden" value="1" /></p><p><label for="nloptin-5f21f2b04a8bf">GET THE CAPITAL LETTER</label></p><p>A weekly digest on business and economics from an NR sensibility.</p><fieldset class="inline-newsletter-subscribe__group"><input id="nloptin-5f21f2b04a8bf" class="inline-newsletter-subscribe__email-input" name="email" type="email" placeholder="Email Address" /><br /> <input name="source" type="hidden" value="WEB" /><br /> <input name="newsletter_override" type="hidden" value="cap_sub, cap_inarticle, article_inarticle_cap_green_072720" /><br /> <input name="location" type="hidden" value="widget" /><br /> <input id="_wpnonce" name="_wpnonce" type="hidden" value="7382e48081" /><input name="_wp_http_referer" type="hidden" value="/news/amazons-jeff-bezos-says-he-cant-guarantee-company-doesnt-use-data-of-independent-sellers/" /> <input class="inline-newsletter-subscribe__email-submit" type="submit" value="Go" /></fieldset></form><p>Representative David Cicilline (D., R.I.) returned to Jayapal’s concerns later in the hearing.</p><p>“The evidence we’ve collected shows that Amazon is only interested in exploiting its monopoly power over the e-commerce marketplace,” Cicilline said. “This investigation makes clear that Amazon’s dual role as a platform operator and competing seller on that platform is fundamentally anti-competive, and Congress must act.”</p><p>In April of this year, Senator Josh Hawley (R., Mo.) told <span class="small_caps">National Review</span> that the Federal Trade Commission would require an overhaul because the commission “isn’t capable of dealing with today’s tech issues” in its current form.</p><p>“Amazon managers are reportedly stealing data from third parties and ripping off their products even though Amazon told Congress last year that they don’t,” Hawley <strong>said</strong>. “Stealing data to learn secrets about its competitors isn’t the free market.”</p>]]></content:encoded>
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