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House committee seeks more info from Amazon, issues warning

House committee seeks more info from Amazon, issues warning

ABC News
Monday, October 18, 2021 04:34:23 PM UTC

U.S. House lawmakers held out the threat of seeking a criminal investigation of Amazon, saying they’re giving the tech giant a “final chance” to correct previous testimony by executives on its competition practices

WASHINGTON -- U.S. House lawmakers held out the threat of seeking a criminal investigation of Amazon, saying they're giving the tech giant a “final chance" to correct previous testimony by executives on its competition practices.

The action, coming in a letter Monday to Amazon President and CEO Andy Jassy, marks an escalation in a bipartisan battle against Amazon by the House Judiciary Committee panel that has investigated the market dominance of Big Tech. The lawmakers are giving Amazon until Nov. 1 to “correct the record" and provide new documents and evidence.

The letter said the antitrust subcommittee was considering referring the case to the Justice Department for criminal investigation, as it accused Amazon of at least misleading Congress and possibly outright lying. The letter cites recent media reports detailing Amazon's alleged practice of undercutting the businesses that sell on its platform by making “knock-offs,” or very similar products, and boosting their presence on the site.

The reports directly contradict sworn testimony of Amazon executives and other statements to Congress, the letter says. It was signed by Judiciary Committee Chairman Jerrold Nadler, D-N.Y., and the Democratic and Republican leaders of the antitrust panel.

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