SA: Proposed US antitrust bill could force Amazon to sell logistics business

Jeff Bezos

www.AbodeofChaos.org

By LoadstarEditorial

22/06/2021

SEEKING ALPHA* reports:

– A bill proposed by House Democrat Pramila Jayapal with bipartisan support could force Amazon (NASDAQ:AMZN) to sell its logistics business. Lawmakers accuse Amazon of offering preferential treatment for sellers using its logistics network.

– The Fulfillment by Amazon service is used by nearly 85% of Amazon’s largest merchants, according to a report last fall from the House Judiciary Committee’s antitrust panel.

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(*Chief source Bloomberg)

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