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House report accuses Amazon of abusing market power

October 7, 2020

The massive report on tech giants is more than a year in the making, the end product of an in-depth investigation that drew from more than 1 million company documents as well as witness testimony — including from Amazon CEO Jeff Bezos — and interviews with more than 240 market players.

Of Amazon, the committee wrote that the company’s “market power is at its height in its dealings with third-party sellers” on its marketplace platform. According to a JungleScout survey, cited in the House report, more than a third of Amazon’s 2.3 million third-party sellers say they rely on Amazon as their only source of income.

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