The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at investigative hearings.
to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at investigative hearings.
The retailer said the FTC was seeking to "harass" both Jassy and former CEO Bezos by demanding they testify at an investigative hearing "on an open-ended list of topics", and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony."Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses," Wednesday's FTC order said.
Amazon said on Wednesday it was "disappointed but unsurprised the FTC largely declined to rule against itself, but we're pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel." "We are committed to engaging constructively with FTC staff, but we remain concerned that the latest requests are overly broad and needlessly burdensome, and we will explore all our options," an Amazon spokesperson said.
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