Amazon CEO Jeff Bezos says 'I can not guarantee that I have not violated the policy'
Suspected Amazon's CEO Jeff Bezos used third-party sales data to develop its products during a hearing about antitrust laws on Wednesday, July 29, 2020 It was accused by the legislators. 'We can't guarantee that we've never violated our policies,' said Bezos in a hearing question and answer session.
Amazon CEO Jeff Bezos'can't guarantee' policy against using seller specific data hasn't been violated | VentureBeat
Jeff Bezos can't promise Amazon employees don't access independent seller data-The Verge
https://www.theverge.com/2020/7/29/21347083/jeff-bezos-amazon-tech-antitrust-hearing-jayapal-questioning
Amazon operates an Amazon marketplace where third-party sellers can sell their products, and they make huge profits from it. Amazon has its own policy of 'not accessing third-party sales data' in order to treat products sold in-house and products listed on the Amazon marketplace equally, but in April 2020 The Wall Street Journal reports reveal that Amazon uses third-party sales data to develop private-brand products.
It is reported that Amazon decides which product to handle based on sales data on the market place-GIGAZINE
Amazon has received questions from Representatives Pramira Jayapal during the hearing on the Antitrust Law held on Wednesday, July 29, 2020, regarding the suspicion that Amazon has violated its policy.
During the hearing, Rep. Jayapal asked, 'Mr. Bezos, will you ask? Is Amazon going to access and use third-party sales data when making business decisions?' .. In contrast, Bezos said that Amazon can not guarantee that it has not violated this policy, while stressing that Amazon has a policy not to access third-party sales data. It was And while Bezos continues to investigate the matter internally, he argues that the Wall Street Journal's sources are anonymous and that the investigation is not straightforward.
Documents from the Hearing on “Online Platforms and Market Power: Examining the Dominance of Amazon, Apple, Facebook and Google' pic.twitter.com/Ypvxhm7asA
— House Judiciary Dems (@HouseJudiciary) July 29, 2020
Amazon's legal counsel, Nate Sutton, said in July 2019 that he wouldn't access third-party sales data, saying, ``Our success depends on third parties, The motivation is to help them.' 'Third parties have many choices, so we apply the same criteria to our own and our third parties. When we launch a private brand, we sell third parties. data and it does not have, 'such as the use of said had.
In response to CEO Bezos, Representative Jayapal said, 'Amazon can set its own rules for its competitors, but it doesn't matter if you actually follow those rules.' I will.
Bezos has also been asked about suspicion that Amazon is blocking the sale of certain products , 'I do not think that such a situation is occurring systematically' 'Amazon's third party Overall, the sellers are doing very well.'
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