September 14, 2018

Business Insider: Elizabeth Warren calls out Amazon for using a 'special information advantage' for 'anti-competitive' practices

Sen. Elizabeth Warren laid out her criticisms of Amazon - and why she thinks it should be scrutinized more closely.  

Speaking with The New York Times' Andrew Ross Sorkin on Thursday, Warren centered her criticism on the fact that Amazon is both a marketplace - essentially, a platform for other sellers - and a direct retailer itself.

The problem, Warren says, is that Amazon gets the data from all of these sales and doesn't necessarily share it. With that information, Amazon can then create its own market conditions and develop a private-label brand.

Read the full article on the Business Insider website here.

By:  Dennis Green
Source: Business Insider