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AMAZON: FTC PROBE HOUNDING BEZOS, EXECS; SUBPOENAS TOO BROAD

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Techlife News #564

Amazon has complained to federal regulators that they are hounding company founder JeffBezos and senior executives, making “impossible-to satisfy demands” in their investigation of Amazon Prime, the popular streaming and shopping service with free delivery and an estimated 200 million members around the globe.

AMAZON: FTC PROBE HOUNDING BEZOS, EXECS; SUBPOENAS TOO BROAD

The Federal Trade Commission has been investigating the sign-up and cancellation practices of Amazon Prime starting in March 2021 with the issuance of civil subpoenas, the biggest online retailer and tech giant disclosed in a petition to the agency filed earlier this month.

The petition asks the FTC to cancel, or extend the deadline for answering, subpoenas sent last June to Bezos, Amazon’s former CEO, and current CEO Andy Jassy. It says the FTC “has identified no legitimate reason for needing their testimony when it can obtain the same information, and more, from other witnesses and documents.”

Jassy took over the top position at Amazon from Bezos, one of the world’s richest individuals, in July 2021. Bezos became executive chairman.

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