16:09:00 EDT Tue 31 Mar 2026
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Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 49,800,000
Close 2026-03-30 C$ 23.28
Market Cap C$ 1,159,344,000
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Globe/CP say Amazon to keep its website data secret

2026-03-31 08:39 ET - In the News

The Globe and Mail reports in its Tuesday edition that the Federal Court of Appeal has upheld a decision keeping the competition commissioner from getting access to Amazon data it hoped would help prove the company hosts fake reviews on its website. A Canadian Press dispatch to The Globe says the decision recently dismisses an appeal the competition watchdog argued last year in hopes of advancing an investigation into Amazon's marketing practices. In issuing the dismissal, a trio of Appeal Court judges ruled, "The Federal Court did not make a reviewable error when it declined to order" Amazon to turn over data. The data the commissioner has wanted since June, 2024, were transaction information for health, personal care, home and electronic items sold on Amazon's platforms. The data were meant to help the commissioner prove Amazon permits reviews of items purchased by product vendors to remain on its website. The company fought the request, poinint out there are billions of products offered across all those categories. Eventually, the court found Amazon was likely to have the information the commissioner wants but ruled in the company's favour because the watchdog had inadequately justified the scope of its request.

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