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Senate staff probe into alleged China-based policy interference knocks Amazon shares down about 4% ahead of July 30 earnings

Staff for the U.S. Senate Small Business Committee are conducting a fact-finding review into allegations that China-based employees improperly influenced Amazon’s third-party seller policies, including account reinstatements and potential rule circumvention. The inquiry is not an enforcement action at this stage, but it coincided with an about 4% single-session drop in AMZN. The issue lands ahead of Amazon’s July 30 Q2 earnings release, raising investor concerns about potential regulatory risk and higher compliance costs, even as AWS and AI infrastructure remain strong growth drivers.