SEC Is Investigating How Amazon Disclosed Business Practices https://www.wsj.com/articles/sec-is-investigating-how-amazon-disclosed-business-practices-11649271819
Federal securities regulators are investigating how Amazon. [US:AMZN]com Inc. has disclosed certain details of its business practices, including how it uses third-party-seller data for its private-label business, according to people familiar with the matter.
The Securities and Exchange Commission is probing how the technology giant—the largest U.S. e-commerce retailer and cloud-computing company—handled disclosures of its employees’ use of data from sellers on its e-commerce platform, the people said. The SEC’s enforcement division has asked for emails and communications from several senior Amazon executives, according to one of the people.
A spokesman for Amazon declined to comment.
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