Thread by @econliberties, 1/ AMAZON CRIME ALERT Per @WSJ: Amazon’s stealing trade secrets from [...]

American Economic Liberties Project

econliberties

AMAZON CRIME ALERT

Per @WSJ: Amazon’s stealing trade secrets from independent businesses to develop competing products.

We noticed they also lied to Congress about it. Which is, you know, a crime. https://www.wsj.com/articles/amazon-scooped-up-data-from-its-own-sellers-to-launch-competing-products-11587650015

Amazon Scooped Up Data From Its Own Sellers to Launch Competing Products

Contrary to assertions to Congress, employees often consulted sales information on third-party vendors when developing private-label merchandise. ‘We knew we shouldn’t,’ said one former employee who...

https://www.wsj.com/articles/amazon-scooped-up-data-from-its-own-sellers-to-launch-competing-products-11587650015

2/ In July, under oath, Nate Sutton, Amazon's associate general counsel and a former DOJ antitrust attorney, told @RepJayapal that Amazon “do[es] not use any... specific seller data in creating our own private brand products.”

Watch him here: https://www.c-span.org/video/?c4870931/user-clip-amazons-seller-data

3/ WSJ’s reporting shows he lied. And yet, here’s Nate Sutton, getting sworn in, promising to tell the truth…. oops

4/ Just for fun, here’s House antitrust subcommittee Chairman @davidcicilline reminding Sutton he’s under oath

5/ Perjury is still a crime, even when Amazon does it.

“The Committee should make a criminal referral for perjury, and the Department of Justice should investigate what Mr. Sutton knew and when he knew it.” - Economic Liberties ED @sarahmillerdc

6/ . @sarahmillerdc: “In addition, the DOJ should investigate what role Jeff Bezos, Jay Carney, and other senior executives played in developing that response, and what they know about the practice."

7/ "Bezos needs to testify under oath and explain why his corporation’s agents are lying to Congress.”

Catch our full statement here: https://www.economicliberties.us/latest-news/perjury-is-a-crime-even-when-amazon-does-it

Perjury is a Crime, Even When Amazon Does It — American Economic Liberties Project

“The American Economic Liberties Project released the following statement in response to reporting from the Wall Street Journal , which revealed that Amazon uses trade secret data from independent...

https://www.economicliberties.us/latest-news/perjury-is-a-crime-even-when-amazon-does-it

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