{"id":1424321,"date":"2022-04-07T15:59:51","date_gmt":"2022-04-07T19:59:51","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1424321"},"modified":"2022-04-07T15:59:53","modified_gmt":"2022-04-07T19:59:53","slug":"sec-launches-investigation-into-how-amazon-uses-data-from-third-party-sellers-against-them","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sec-launches-investigation-into-how-amazon-uses-data-from-third-party-sellers-against-them\/","title":{"rendered":"SEC launches Investigation Into How Amazon Uses Data from Third-Party Sellers Against Them"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsec-launches-investigation-into-how-amazon-uses-data-from-third-party-sellers-against-them%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1424321&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">The SEC has reportedly launched an investigation into how Amazon discloses details of its business practices, including how it uses third-party seller data. The company stands accused of using data from third-party sellers to decide when to make its own private-label products, unfairly competing with the very companies that generate its sales.<\/p>\n<p>The\u00a0<em>Wall Street Journal<\/em> <a href=\"https:\/\/www.wsj.com\/articles\/sec-is-investigating-how-amazon-disclosed-business-practices-11649271819\">reports<\/a>\u00a0that the\u00a0SEC has initiated a probe of how Amazon handles disclosures of its employees\u2019 use of data from sellers on its e-commerce platform. The SEC has reportedly requested email and communications from multiple senior Amazon executives as part of its probe.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<div id=\"attachment_17799146\" class=\"wp-caption alignnone\"><a href=\"https:\/\/media.breitbart.com\/media\/2021\/09\/Amazon-CEO-Andy-Jassy-1.jpg\"><\/a><\/p>\n<p class=\"wp-caption-text\">Amazon CEO Andy Jassy (Isaac Brekken\/AP)<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<\/div>\n<div id=\"attachment_19205490\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/amazon-delivery-driver-packages-file-gettyimages.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-19205490\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/03\/amazon-delivery-driver-packages-file-gettyimages.jpg\" alt=\"An employee carries a package at the distribution center of US online retail giant Amazon in Moenchengladbach, on December 17, 2019. (Photo by INA FASSBENDER \/ AFP) (Photo by INA FASSBENDER\/AFP via Getty Images)\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">An employee carries a package at the distribution center of US online retail giant Amazon in Moenchengladbach, on December 17, 2019. (Photo by INA FASSBENDER\/AFP via Getty Images)<\/p>\n<\/div>\n<p>In April 2020, an investigation by the\u00a0<em>Wall Street Journal<\/em> found that Amazon\u2019s employees regularly <a href=\"https:\/\/www.breitbart.com\/tech\/2021\/10\/13\/report-amazon-internal-documents-show-company-copied-popular-products-rigged-search-results\/\">used individual third-party-seller data to develop products for Amazon\u2019s in-house brands<\/a>. A company spokesperson denied that the firm engaged in such acts and stated that the company does\u00a0\u201cnot use their individual data when we\u2019re making decisions to launch private brands.\u201d<\/p>\n<p>Amazon stated that it launched an internal investigation into the situation but has declined to provide a copy of its report to a congressional committee investigating the size and power of the Big Tech giant.<\/p>\n<p>Members of the antitrust subcommittee of the House Judiciary Committee referred Amazon to the Justice Department last month for potentially obstructing Congress in relation to its cooperation during the probe. An Amazon spokesperson commented on the Justice Department referral, stating:\u00a0\u201cThere\u2019s no factual basis for this, as demonstrated in the huge volume of information we\u2019ve provided over several years of good-faith cooperation with this investigation.\u201d<\/p>\n<p>Read more at the\u00a0<a href=\"https:\/\/www.wsj.com\/articles\/sec-is-investigating-how-amazon-disclosed-business-practices-11649271819\"><em>Wall Street Journal<\/em> here.<\/a><\/p>\n<p><strong><i>Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter\u00a0<\/i><i><a class=\"x5l\" href=\"http:\/\/twitter.com\/lucasnolan\" target=\"_blank\" rel=\"noopener external\">@LucasNolan<\/a>\u00a0<\/i><i>or contact via secure email at the address\u00a0<a class=\"x5l\" href=\"mailto:lucasnolan@protonmail.com\" target=\"_blank\" rel=\"noopener external\">lucasnolan@protonmail.com<\/a><\/i><i><\/i><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SEC has reportedly launched an investigation into how Amazon discloses details of its business practices, including how it uses third-party seller data. The company stands accused of using data<\/p>\n","protected":false},"author":28,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1424321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1424321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1424321"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1424321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1424321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1424321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1424321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}