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June 12, 2020, 4:30 p.m. EDT

Amazon is being investigated in California for business practices: report

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By Jon Swartz

AMZN Inc.'s /zigman2/quotes/210331248/composite AMZN -0.43% business practices are being investigated as part of an inquiry by California authorities, according to a Wall Street Journal report Friday. The report, citing people familiar with the matter, says the state is examining how Amazon treats sellers in its online marketplace, including the company's practices for selling its own products in competition with third-party sellers. Amazon was not immediately available for comment. The reported inquiry comes as Amazon faces antitrust scrutiny from the Federal Trade Commission and European Union. Amazon shares declined 0.5% in trading Friday.

US : U.S.: Nasdaq
$ 3,369.33
-14.54 -0.43%
Volume: 1.05M
June 15, 2021 11:23a
P/E Ratio
Dividend Yield
Market Cap
$1706.57 billion
Rev. per Employee

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