What is the U.S. Congress going to do about the Amazon executives who lied to it under oath?

Enrique Dans
Enrique Dans
Published in
3 min readOct 19, 2021

--

IMAGE: An emoticon with a long nose symbolizing lies

A Reuters investigation also published by The Markup into Amazon’s business practices and the use of information from sellers on its platform has exposed the gullibility of several members of the U.S. Congress.

What does the investigation reveal? Basically, things we’ve all known for a long time: that Amazon systematically uses information from other companies to copy best-selling products, and even manipulates its search system so that those copied products appear above the original brands when customers search for them, in many cases with similarly manipulated ratings.

A clear case of abuse and anti-competition practice that, although similar, on the one hand, to those carried out by many traditional distribution companies about the manufacture and sale of private brands, calls for action by the regulator and the need to decouple companies that own platforms from misusing them.

No surprises then; nevertheless, one of the world’s biggest companies is abusing its position and a way needs to be found to stop that. But beyond the question itself, there is something potentially much more worrying, which has made several members, three Democrats and two Republicans, of the Congressional Committee before which Jeff Bezos and other company…

--

--

Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)