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Amazon

What is market distortion?

by Samantha Fields
Nov 10, 2020
European Union regulators have accused Amazon of violating antitrust regulations and distorting the market.
Amazon CEO Jeff Bezos testifies via video conference during a House hearing about online platforms and market power on Capitol Hill. Amazon is now under fire by the EU for allegedly distorting competition.
Graeme Jennings/Getty Images
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EU files antitrust charges against Amazon over use of data

by Associated Press
Nov 10, 2020
The EU’s executive commission accuses Amazon of using data to gain an unfair advantage over merchants using its platform.
European Executive Vice President Margrethe Vestager gives a press conference on an antitrust case with the multinational technology company, Amazon website at the European Commission in Brussels on Nov. 10, 2020.
Olivier Hoslet/Pool/AFP via Getty Images
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COVID-19

Customers want it now, and some apps are catering to those desires

by Erika Beras
Oct 21, 2020
Customers want their stuff on the same day they buy it. Instacart can make that happen for some smaller retailers.
An Instacart shopper selects an item at a Wegmans grocery store in Woodbridge, New Jersey, in August.
Michael Loccisano/Getty Images
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Amazon Prime Day boosts small business shopping, too

by Victoria Craig
Oct 13, 2020
There are small- and medium-sized businesses who use Amazon's platform and logistics to reach wider audiences.
More than half the products sold on Amazon come from smaller companies.
Justin Sullivan/Getty Images
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House report says Big Tech companies have "too much power"

by Nova Safo and Daniel Shin
Oct 7, 2020
The House report calls for the biggest changes in decades in how the government regulates and prevents monopolies.
Facebook CEO Mark Zuckerberg testifies via video conference on Capitol Hill in July.
Graeme Jennings - Pool/Getty Images
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COVID-19

Amazon continues hiring spree to meet demand from pandemic

by Meghan McCarty Carino
Sep 14, 2020
The company has announced more than 100,000 new positions, including corporate tech jobs around the country.
A delivery worker for Amazon Prime wears a mask and gloves on her route in Los Angeles.
Chris Delmas/AFP via Getty Images
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Amazon in talks with Simon Property Group on taking over mall space

by Andy Uhler
Aug 10, 2020
But for those other mall tenants, sharing space with Amazon might feel like an insult.
A closed JC Penney department store in North Carolina. Amazon is in talks with Simon Property Group — which owns closed Penney and Sears stores — about using the space as fulfillment centers.
Andrew Caballero-Reynolds/AFP via Getty Images
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COVID-19

Another strong quarter expected for Amazon amid the pandemic

by Mitchell Hartman
Jul 30, 2020
And that's despite the company spending billions of dollars hiring new workers and beefing up safety measures.
The e-commerce, streaming video and cloud-services tech behemoth had a strong first quarter, and the same is expected for the spring results.
David Becker/AFP via Getty Images
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Quebec uses online business directory to encourage consumers to buy local

by Emma Jacobs
Jul 30, 2020
Le Panier Bleu is meant to help local stores compete with online retail giants.
Almost 20,000 businesses had signed up to be featured on the site as of June.
Sebastien St-Jean/AFP via Getty Images
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What if delivery vans took your stuff away instead of dropping off packages?

by David Brancaccio , Meredith Garretson and Rose Conlon
Jul 13, 2020
A fiction writer's surreal take on the COVID-19 economy imagines a world where delivery vans arrive and confiscate your things.
Eva Hambach/AFP/Getty Images
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