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Senator Urges Justice Department to Investigate Amazon.com's "Predatory" Methods


Amazon.com (NASDAQ: AMZN) has attracted the wrong kind of attention from a Republican lawmaker who is concerned about its business practices. Sen. Josh Hawley of Missouri on Tuesday sent a formal letter to the Department of Justice (DOJ) requesting that it launch a criminal antitrust investigation of what he terms the retailer's "predatory and exclusionary data practices to build and maintain a monopoly."

Hawley's request comes on the heels of a report in The Wall Street Journal alleging that Amazon culls data from the independent sellers that list products on its site, using it to develop and price Amazon-branded goods it subsequently sells.

An Amazon Go store. Image source: Amazon.com.

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Source Fool.com

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