House Subcommittee Planning On Jeff Bezos Testimony This Spring

Amazon CEO Jeff Bezos may soon testify in Congress as part of an antitrust investigation into the digital marketplace. The investigation follows reports that Amazon used data from third-party sellers to boost its own products. Similar scrutiny is happening in the European Union. Concerns are rising about market consolidation in a post-COVID-19 economy, where investors may target smaller companies. As e-commerce grows, small businesses face challenges, highlighting the power imbalance with big corporations.

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