Amazon CEO Jeff Bezos 'Can't Guarantee' Policy Against Using Seller Specific Data Hasn't Been Violated

added 30.07.2020 11:40

Image of article 'Amazon CEO Jeff Bezos 'Can't Guarantee' Policy Against Using Seller Specific Data Hasn't Been Violated'

An anonymous reader quotes a report from VentureBeat: At the "Online Platforms and Market Power" virtual antitrust hearing today, Amazon CEO Jeff Bezos spoke about a policy that is meant to prevent the company from using seller specific data to help it determine what products it should manufacture and sell itself.

"What I can tell you is, we have a policy against using seller specific data to aid our private label business," Bezos said.

Bezos then tried to play up the fact that Amazon didn't have to have such a policy.

Later in the hearing, Kelly Armstrong (R-ND) asked whether Amazon allows the use of aggregate data to inform its private label brands when there are only three sellers for a product and then again when there are only two competitors.

Armstrong then asked about Amazon's internal investigation on the use of third party data.

by Beauhd On from rss.slashdot.org

Free awesomeness straight to your inbox!

Sign up now for this free newsletter to receive hand picked content, covering topics like Lifestyle, Business & Technology.

Free Newsletter Sign up now!

..or jump directly to the latest posts!