Amazon Emails Show Effort to Weaken Diapers.com Before Buying It
- Representative Scanlon says emails show Amazon is too powerful
- Bezos testified that he couldn’t remember Diapers.com episode
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At the congressional hearing on tech industry competition Wednesday, a Democrat looking to prove Amazon.com Inc. has too much market power revived one of the best-known examples of the retailer’s competitive streak: an effort to win market share from, and ultimately acquire, the parent company of Diapers.com.
Amazon acquired Quidsi Inc. for $545 million in 2010, absorbing a competitor then making headway in the lucrative market for products to new parents. Emails released by the antitrust subcommittee detail Amazon’s plan to weaken Quidsi, including undercutting its smaller rival on price.