By Megan Henney Published September 11, 2019 Amazon FOXBusiness Facebook Twitter Comments Print video FTC on a fact-finding mission into Amazon FBN’s Hillary Vaughn on the FTC ramping up its investigation into Amazon. A team of Federal Trade Commission officials have been interviewing small businesses that sell their products on Amazon to determine whether the e-commerce behemoth is using its marketplace to hurt competition. Continue Reading Below Bloomberg News, which first reported the story, reported that at least three attorneys and at least one economist have been conducting interviews that typically last about 90 minutes and cover a range of topics, including what percentage of revenue their businesses derive from Amazon versus other marketplaces like Walmart and eBay. Amazon did not immediately respond to FOX Business’ request for comment. The FTC, which does not generally comment on investigations (or the existence of investigations), declined to comment. However, an Amazon official directed Bloomberg to a statement from Amazon Consumer Business chief Jeff Wilke, who was asked in June about reports the FTC was looking into Amazon. MORE FROM FOXBUSINESS.COM… STATE AGS LAUNCH GOOGLE ANTITRUST INVESTIGATION AMAZON LOOKING TO HIRE 30,000 PEOPLE WITH CAREER DAY IN THESE 6 CITIES ”We believe that… Read full this story
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