Amazon Seeks To Drum Up Support From Its Sellers To Fight US Antitrust Bills

  • Amazon.com Inc AMZN has launched a website to communicate Congress's Big Tech-related antitrust proposals with its sellers.
  • Sellers will be able to communicate with elected officials about the bills directly via the website.
  • Amazon recently mailed selected sellers regarding the legislation asking them to arrange a telephonic meeting to discuss the bills.
  • A dominant conglomerate like Amazon remains vulnerable to the Monopolies Act over anti-competitive concerns, CNBC reports.
  • Amazon seeks to convey to third-party sellers how the legislation could jeopardize their prospects by severing their links with Amazon.
  • Amazon is already battling an antitrust lawsuit in India for the alleged preferential treatment of selected sellers.
  • Amazon, Facebook Inc FB, and Alphabet Inc GOOG GOOGL have backed the U.S. Chamber of Commerce, and the Connected Commerce Council, who have already opposed the bills.
  • Amazon and Google had also stepped up their lobbying efforts amid the growing antitrust crackdown.
  • Price Action: AMZN shares traded higher by 0.36% at $3,199.78 on the last check Friday.
  • Photo by Christian Wiediger via Unsplash
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