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.

To read the full post, please click here (free reg is required); more here.

(*Chief source Bloomberg)

Comment on this article

You must be logged in to post a comment.

Topics

Amazon Amazon Integrated Logistics Break-up courting judgment firings and hirings Flexport

Most Read

MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'

Urgent call for breakdown of cargo onboard as General Average declared on Dali

Hong Kong drops out of world's top 10 busiest container ports

Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker

Flexport is 'back on track' – now it needs to start growing again

Bottlenecks and price hikes as airlines now avoid Iran airspace

Capture of MSC Aries will further drive up Indian export costs

Iran may now pose a threat to multimodal supply chains via Dubai

Looks like rain: Panama Canal Authority eyes return to normal service

Cargo flows through Dubai delayed by flooding, with 300 flights cancelled

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

EXCLUSIVE: Kuehne + Nagel shockwaves in APAC

Sustainability concerns don't show on shippers' procurement radar

Talk of Schenker, Flexport et al – and a meagre lunch for forwarders

How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

CMA CGM Air Cargo finally launches transpac services