U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony

Reuters2022-09-22

WASHINGTON, Sept 21 (Reuters) - 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.

Last month, Amazon questioned what it called the agency's "burdensome" requests in its investigation of the sign-up and cancellation processes for its Prime program.

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.

It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.

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."

The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.

"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.

Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.

The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.

"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings," the FTC added in a footnote to the main text.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

WendyHing
2022-09-22
WendyHing
Ok
lionfish
2022-09-22
lionfish
Pls like....
- Kc48:
  Ok
Zasper
2022-09-22
Zasper
Ok
NEWBIE
2022-09-22
NEWBIE
Thank you
- SeLby:
  Ok
Vincentan59
2022-09-22
Vincentan59
OMG
- Vincentan59:
  [Salute][Salute]
- Kimoqi:
  ok
Oyh
2022-09-22
Oyh
Ok
- Oyh:
  Ok

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2269197894?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-09-22 09:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2269197894","market":"us","top_or_hot":-1,"title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","media":"Reuters","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n2022-09-22 09:01 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON, Sept 21 (Reuters) - 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 ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"","article_id":"2269197894","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","pubTimestamp":1663808505,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"美国联邦贸易委员会拒绝亚马逊推翻贝索斯的投标，Jassy证词","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1},"content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9919250069,"gmtCreate":1663810225851,"gmtModify":1676537340695,"author":{"id":"3572016423421827","authorId":"3572016423421827","name":"WendyHing","avatar":"https://static.tigerbbs.com/a92616e9e12b99a0ef76bef3a5b1dd9f","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3572016423421827","authorIdStr":"3572016423421827"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919250069","repostId":2269197894,"repostType":4,"repost":{"id":"2269197894","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663808505,"share":"https://ttm.financial/m/news/2269197894?lang=&edition=fundamental","pubTime":"2022-09-22 09:01","market":"us","language":"en","title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","media":"Reuters","summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269197894","content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9919227621,"gmtCreate":1663810168363,"gmtModify":1676537340680,"author":{"id":"3573708982649567","authorId":"3573708982649567","name":"lionfish","avatar":"https://static.tigerbbs.com/600742da9324aaafd60fcfc5b64fca66","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3573708982649567","authorIdStr":"3573708982649567"},"htmlText":"Pls like....&nbsp;","listText":"Pls like....&nbsp;","text":"Pls like....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919227621","repostId":2269197894,"repostType":4,"repost":{"id":"2269197894","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663808505,"share":"https://ttm.financial/m/news/2269197894?lang=&edition=fundamental","pubTime":"2022-09-22 09:01","market":"us","language":"en","title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","media":"Reuters","summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269197894","content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104038555,"gmtCreate":1663815127968,"gmtModify":1663815131416,"authorId":3582943967323128,"author":{"id":3582943967323128,"idStr":"3582943967323128","authorId":3582943967323128,"name":"Kc48","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9919227621,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9919226945,"gmtCreate":1663809836687,"gmtModify":1676537340561,"author":{"id":"3575188860884045","authorId":"3575188860884045","name":"Zasper","avatar":"https://static.tigerbbs.com/647533310e84099eea8515d90e6e2f94","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575188860884045","authorIdStr":"3575188860884045"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919226945","repostId":2269197894,"repostType":4,"repost":{"id":"2269197894","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663808505,"share":"https://ttm.financial/m/news/2269197894?lang=&edition=fundamental","pubTime":"2022-09-22 09:01","market":"us","language":"en","title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","media":"Reuters","summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269197894","content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9919229160,"gmtCreate":1663809448550,"gmtModify":1676537340438,"author":{"id":"3573124416025977","authorId":"3573124416025977","name":"NEWBIE","avatar":"https://static.tigerbbs.com/3efe20248e6d34805e6c7befc3ae66a0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573124416025977","authorIdStr":"3573124416025977"},"htmlText":"Thank you&nbsp;","listText":"Thank you&nbsp;","text":"Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919229160","repostId":2269197894,"repostType":2,"repost":{"id":"2269197894","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663808505,"share":"https://ttm.financial/m/news/2269197894?lang=&edition=fundamental","pubTime":"2022-09-22 09:01","market":"us","language":"en","title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","media":"Reuters","summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269197894","content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104036265,"gmtCreate":1663810106370,"gmtModify":1663810109553,"authorId":3583197598199652,"author":{"id":3583197598199652,"idStr":"3583197598199652","authorId":3583197598199652,"name":"SeLby","avatar":"https://static.tigerbbs.com/ad7f9d9a13a537bcb9c5ad29a65aa424","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.30","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9919229160,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9919265876,"gmtCreate":1663809057695,"gmtModify":1676537340328,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1,"idStr":"4098866635611070","authorIdStr":"4098866635611070"},"htmlText":"OMG","listText":"OMG","text":"OMG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9919265876","repostId":2269197894,"repostType":4,"repost":{"id":"2269197894","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663808505,"share":"https://ttm.financial/m/news/2269197894?lang=&edition=fundamental","pubTime":"2022-09-22 09:01","market":"us","language":"en","title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","media":"Reuters","summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269197894","content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104043642,"gmtCreate":1663845653912,"gmtModify":1663845657490,"authorId":4098866635611070,"author":{"id":4098866635611070,"idStr":"4098866635611070","authorId":4098866635611070,"name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.09","exceedPercentage":"93.84%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9919265876,"type":1,"supId":104035936,"prevId":0,"content":"<span class=\"s1\">[Salute][Salute]</span>","text":"<span class=\"s1\">[Salute][Salute]</span>","html":"<span class=\"s1\">[Salute][Salute]</span>"},{"id":104035936,"gmtCreate":1663809567256,"gmtModify":1663809570617,"authorId":3579307827566708,"author":{"id":3579307827566708,"idStr":"3579307827566708","authorId":3579307827566708,"name":"Kimoqi","avatar":"https://static.tigerbbs.com/4a75a25c05f3caeb1708eff0d5b7effc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9919265876,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":9919263841,"gmtCreate":1663808644683,"gmtModify":1676537340164,"author":{"id":"3561459567222461","authorId":"3561459567222461","name":"Oyh","avatar":"https://community-static.tradeup.com/news/6efe76978b8678e18a4d96fd589746dd","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3561459567222461","authorIdStr":"3561459567222461"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919263841","repostId":2269197894,"repostType":4,"repost":{"id":"2269197894","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663808505,"share":"https://ttm.financial/m/news/2269197894?lang=&edition=fundamental","pubTime":"2022-09-22 09:01","market":"us","language":"en","title":"U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony","url":"https://stock-news.laohu8.com/highlight/detail?id=2269197894","media":"Reuters","summary":"WASHINGTON, Sept 21 (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Ama","content":"<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. FTC Rejects Amazon Bid to Quash Bezos, Jassy Testimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Sept 21 (Reuters) - 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.</p><p>Last month, Amazon questioned what it called the agency&#39;s &#34;burdensome&#34; requests in its investigation of the sign-up and cancellation processes for its Prime program.</p><p>The retailer said the FTC was seeking to &#34;harass&#34; both Jassy and former CEO Bezos by demanding they testify at an investigative hearing &#34;on an open-ended list of topics&#34;, and asked that their testimony be quashed or at least delayed until after all other company officials had given testimony.</p><p>&#34;Amazon provides no reason why the Commission must accept anything less than all the relevant testimony it can obtain from these two witnesses,&#34; Wednesday&#39;s FTC order said.</p><p>It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.</p><p>Amazon said on Wednesday it was &#34;disappointed but unsurprised the FTC largely declined to rule against itself, but we&#39;re pleased that the agency walked back its broadest requests and will allow witnesses to choose their own counsel.&#34;</p><p>The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.</p><p>&#34;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,&#34; an Amazon spokesperson said.</p><p>Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.</p><p>The FTC order noted Amazon is one of the world&#39;s foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.</p><p>&#34;By contrast, the FTC&#39;s 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon&#39;s earnings,&#34; the FTC added in a footnote to the main text.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269197894","content_text":"WASHINGTON, Sept 21 (Reuters) - 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.Last month, Amazon questioned what it called the agency's \"burdensome\" requests in its investigation of the sign-up and cancellation processes for its Prime program.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.It said Amazon.com must comply with its broad June 30 Civil Investigative Demand no later than Oct. 7.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.\"The company said it was cooperating with the FTC and has produced at least 37,000 pages of documents.\"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.Amazon last month said the commission first sent an investigative demand for information in March 2021 in the Prime probe and in June expanded its requests for additional non-Prime subscription programs.The FTC order noted Amazon is one of the world's foremost companies with net revenue of over $32 billion in 2021 and more than 1.6 million employees.\"By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings,\" the FTC added in a footnote to the main text.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104035729,"gmtCreate":1663808652458,"gmtModify":1663808655916,"authorId":3561459567222461,"author":{"id":3561459567222461,"idStr":"3561459567222461","authorId":3561459567222461,"name":"Oyh","avatar":"https://community-static.tradeup.com/news/6efe76978b8678e18a4d96fd589746dd","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9919263841,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":94,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2269197894"}