Name: Senator calls for a criminal antitrust investigation into Amazon over 'predatory and exclusionary data practices'
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Senator calls for a criminal antitrust investigation into Amazon over 'predatory and exclusionary data practices'

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Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news &amp; scoops — delivered daily to your inbox.Something is loading.Sen. Josh Hawley on Tuesday called for a criminal antitrust investigation into Amazon's reported use of third-party sellers' data to benefit its private label brands.&nbsp;In a , Hawley said Amazon "has engaged in predatory and exclusionary data practices to build and maintain a monopoly," citing a that said the company uses data from third-party sellers to inform decisions on pricing or features to copy in products by its private label brands, such as Amazon Basics.&nbsp;"Antitrust law imposes criminal penalties on companies that try to acquire or maintain monopoly power," said Hawley, a Missouri Republican and former state attorney general. "Amazon's data practices, as reported by the Wall Street Journal, appear to meet that description. Amazon abuses its position as an online platform and collects detailed data about merchandise so Amazon can create copycat products under an Amazon brand."&nbsp;Amazon told Business Insider in a statement about the letter that "we strictly prohibit employees from using non-public, seller-specific data to determine which private label products to launch. While we don't believe these claims made by the Wall Street Journal are accurate, we take these allegations very seriously and have launched an internal investigation."&nbsp;The company has been subject to , where the European Union opened an investigation last year over the company's role as both the marketplace for third-party sellers and those sellers' competitor through its private label brands.&nbsp;Hawley said that "abusing one's position as a marketplace platform to create copycat products always is bad, but it is especially concerning now," because of the coronavirus, as small businesses "have been forced to suspend in-store retail and instead rely on Amazon."&nbsp;Sign up for notifications from Insider! Stay up to date with what you want to know.Subscribe to push notificationsAn icon in the shape of a lightning bolt.Keep readingTwo crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news &amp; scoops — delivered daily to your inbox.Something is loading.Sen. Josh Hawley on Tuesday called for a criminal antitrust investigation into Amazon's reported use of third-party sellers' data to benefit its private label brands.&nbsp;In a , Hawley said Amazon "has engaged in predatory and exclusionary data practices to build and maintain a monopoly," citing a...

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Senator calls for a criminal antitrust investigation into Amazon over 'predatory and exclusionary data practices'

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