Amazon is emailing sellers to warn them about Congress Big Tech antitrust bills

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Summary

Members of Amazons public policy team recently contacted a small number of third-party sellers with successful businesses on its marketplace about setting up meetings to discuss the legislation, according to an email viewed by CNBC. "Were reaching out to a small group of our sellers to make them aware of a package of legislative proposals, currently in Congress, that is aimed at regulating Amazon and other large technology companies," the email states. The email refers to a legislative package approved in June by the House Judiciary Committee aimed at overhauling U.S. antitrust laws and attempts to reel in the power of Big Tech. The six bills that went to markup would make it harder and more expensive for tech companies like Amazon, Apple, Facebook and Google to complete mergers, prevent them from discriminating against other businesses on their own services, mandate data portability between services, make it easier for state attorneys general to choose where to bring antitrust cases and allow federal regulators to sue to break up companies that operate a dominant platform and own or operate a business that presents a clear conflict of interest. Amazon reportedly faces an antitrust probe by attorneys general in New York and California, as well as an FTC investigation into its business practices in retail and cloud computing.

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