Amazon.com is facing a government order that could make it responsible for the safety of goods that it sells for outside vendors on its website and ships for them through its logistics network.
Tag: Amazon
FTC Poised to Sue Amazon for Antitrust Violations
The Federal Trade Commission is expected to sue Amazon.com Inc. for antitrust violations, according to people familiar with the matter – marking the agency’s fourth swipe at the online retail giant this year.
FTC Is Preparing Potential Antitrust Case Against Amazon
The US Federal Trade Commission is preparing a possible lawsuit against Amazon.com Inc. that could be filed as soon as this spring.
OSHA Cites Amazon for Failure to Record Warehouse Injuries
OSHA cited Amazon for failing to properly record work-related injuries at six of its warehouses.
Amazon, UnitedHealth, CVS Health Bid for Signify Health: Sources
Amazon.com Inc, UnitedHealth Group Inc. and CVS Health Corp are bidding separately for home health services provider Signify Health Inc Bloomberg News reported on Sunday, citing people with knowledge of the matter. Amazon’s reported interest is the latest sign of the e-retailer’s ambitions in healthcare, and comes a month after it agreed to buy One… Continue reading Amazon, UnitedHealth, CVS Health Bid for Signify Health: Sources
Amazon to Purchase One Medical for $3.49 Billion in All-Cash Deal
Amazon.com Inc. announced the acquisition of primary-care company One Medical for $18 per share, the e-commerce giant’s latest foray into the healthcare market. The all-cash transaction has a $3.49 billion equity value. One Medical, a subsidiary of 1Life Healthcare Inc., operates 182 medical offices in 25 markets across the United States. Customers pay a monthly… Continue reading Amazon to Purchase One Medical for $3.49 Billion in All-Cash Deal
Amazon CEO to Focus on Workers’ Safety Amid Criticism
Amazon President and CEO Andy Jassy has stated that the e-commerce behemoth wants to improve worker safety at its warehouses and fulfillment centers, as the company faces intense scrutiny over employee working conditions. In his first shareholder letter as CEO of Amazon, Jassy, who succeeded founder Jeff Bezos last year, stated that the company is… Continue reading Amazon CEO to Focus on Workers’ Safety Amid Criticism
SEC Continues to Investigate Amazon Over Misuse of Seller’s Data
Amazon’s anti-competitive business practices are still being investigated by the Securities and Exchange Commission (SEC). According to a Wall Street Journal report published Wednesday, the investigation is centered on the use of data from third-party sellers. According to the Journal, the SEC has requested that several Amazon executives turn over emails and communications. The e-commerce… Continue reading SEC Continues to Investigate Amazon Over Misuse of Seller’s Data
Marsh Collaborates with Amazon to Support New Online Insurance Network for Sellers
Marsh, the world’s leading insurance broker and risk advisor, today announced it has collaborated with Amazon to support its new digital insurance network, Amazon Insurance Accelerator, where small businesses selling on Amazon can easily purchase affordable product liability coverage. Amazon now requires third-party sellers to obtain product liability coverage after reaching $10,000 in sales in… Continue reading Marsh Collaborates with Amazon to Support New Online Insurance Network for Sellers
Amazon to Pay Up to $1,000 for Injuries Caused by Sellers’ Goods
Amazon.com Inc. is offering to compensate customers for injuries caused by goods from its third-party sellers, a guarantee that follows numerous lawsuits seeking to hold the world’s largest online retailer responsible for dangerous products purchased from its digital shelves. In a blog post on Amazon’s corporate site on Tuesday, the company said it would pay… Continue reading Amazon to Pay Up to $1,000 for Injuries Caused by Sellers’ Goods