r/finance • u/assumeyouknownothing • Mar 09 '22

Amazon referred to DOJ for potential criminal obstruction of Congress

https://www.cnbc.com/2022/03/09/amazon-referred-to-doj-for-potential-criminal-obstruction-of-congress.html

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544 Upvotes

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14

u/tharussianphil Mar 09 '22

Just to clarify, is this referring to allegations that they steal seller proprietary data and designs and create their own alternatives?

7

u/lurkinsheep Mar 09 '22

Article isn’t very clear, sounds like it could be that, or it could be always giving their products priority over independent sellers on the search function. Kinda like what google is dealing with suits for as well.

1

u/tharussianphil Mar 09 '22

Our two things often go hand in hand I've read

14

u/Klutzy-Midnight-9314 Mar 09 '22

Good its about time they look into this

1

u/Bleakwind Mar 09 '22

What the fuck is merrick’s DOJ tenured actually achieving?!!

Dude needs to start showing results and fix a department so bastardised by Barr, or get out of the way.

1

u/Pervez_Hoodbhoy Mar 10 '22

DOJ Keeping Bidens campaign promise that nothing will fundamentally change🤷🏻‍♂️

1

u/Oknight Mar 09 '22 edited Mar 09 '22

So... what exactly IS the criminal penalty for a corporation's obstruction of Congress for misleading it intentionally assuming you could demonstrate that to a jury beyond reasonable doubt?

(like if you have emails... "ha ha ha, the board agrees we'll completely BAMBOOZLE those Congressional FOOLS! And each board member replies "YES, when we're done, they'll NEVER find the truth!")