NAW Urges Support of American Innovation and Choice Online Act to Hold Amazon Accountable
WASHINGTON, DC – The National Association of Wholesaler-Distributors (NAW) today issued a letter to members of the Senate Committee on the Judiciary ahead of their Thursday mark-up of S. 2992, the American Innovation and Choice Online Act. NAW has long supported anti-trust legislation that will hold monopolies like Amazon accountable.
You may read the full letter here. From the letter:
“It is imperative that the Judiciary Committee move expeditiously to enact meaningful remedies addressing Amazon’s abuses, its conflicts of interest and poor service to third-party sellers. Otherwise, competition and innovation will continue to be suppressed to the detriment of consumers and small- and medium-sized businesses. S.2992 demonstrates there is momentum on both sides of the aisle in Congress to address the abusive and anti-competitive tactics of monopolistic corporations like Amazon.
“Amazon’s exploitative conduct in B2B commerce mirrors the playbook it has executed in the Business-to-Consumer (B2C) marketplace. Unchecked, Amazon’s dominance threatens to cripple the highly competitive B2B system in the United States. Wholesaler-distributors – most of them small and medium size businesses – will quite literally be driven out of existence, leaving customers with fewer alternatives and higher prices.”