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SEC investigates how Amazon disclosed its business practices


Federal securities regulators are studying how Amazon.co.uk Inc. disclosed some details of its business practices, including how it uses data from third-party sellers for its private label business, according to people familiar with the matter.

The Securities and Exchange Commission is investigating how the tech giant – the largest e-commerce retailer and cloud computing company in the United States – handled disclosures of its employees’ use of seller data on its e-commerce platform, the people said. The SEC’s Enforcement Division has requested emails and communications from several senior Amazon executives, according to one of the people.

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