Amazon’s Handling of Employees’ Use of Sellers’ Data for Private Labels Being Probed by US SEC: Report
The US Securities and Exchange Commission (SEC) is investigating how Amazon handled employee disclosures on the use of third-party sellers' data purportedly to boost its own private-label business, the Wall Street Journal reported on Wednesday.The federal regulator's enforcement division has asked for emails and communications from several senior Amazon executives, according to the report, which cited people familiar with the matter. Amazon did not immediately respond to a request for comment, while a spokesperson for the…