Founder and CEO of Amazon Jeff BezosJeffrey (Jeff) Preston BezosHilicon Valley: Google continues remote work policy until July 2021 | The Intel community returns the final report of Russia to the Senate Committee after declassification The study reveals that election officials are vulnerable to hearings at the House of Cyberattacks with highly qualified technical leaders transferred to Hillicon Valley on Wednesday: Senior intelligence warns Russia, Iran and China about targeting elections | Trump says he “often”; regrets his tweets The technical director’s hearing was transferred to the services of John Lewis MORE will point to what he calls the “extremely large” global retail market and the hundreds of thousands of jobs created by the e-commerce giant over decades in an introductory speech to Congress on Wednesday.
Bezos intends to testify before lawmakers in Washington at a hearing of a subcommittee of the House of Commons that reaches the strength and size of Amazon, Google, Facebook and Apple. The hearing, which will be conducted almost because of the coronavirus outbreak, takes place after the committee signs a conclusion on a long-term review of the companies’ behavior and whether they have complied with the anti-supplementation method.
In a broad opening statement posted on Amazon’s website on Tuesday night, Bezos will focus on his personal experience, as well as the company’s development from an online bookstore to a hippopotamus for both e-commerce and cloud services.
“I think Amazon should be scrutinized,” Bezos said. “We must thoroughly inspect all large institutions, whether companies, government agencies or non-profit organizations. Our responsibility is to make sure that we check such inspections with flying colors.”
But Bezos will also emphasize Amazon’s position in the global $ 25 trillion retail market, which he describes as “extremely competitive.” In his opening remarks, he points to data showing that 80 retailers in the United States earn more than $ 1 billion a year, and notes that Walmart has “more than twice the size of Amazon.”
He will also argue that the scale of Amazon has led to his role as the largest creator in the United States over the past decade. In addition, Bezos plans to address Amazon’s success as a third-party retailer by estimating that “third-party companies selling in Amazon stores have created more than 2.2 million new jobs worldwide.”
Bezos is likely to face a number of questions about Amazon’s dual role as an online marketplace and retailer, as well as allegations that it used sales data from third-party vendors to make competing products. A report by The Wall Street Journal earlier this year on the alleged practice prompted Rep. David CicillinDavid Nicola CicillineHillicon Valley: Google continues remote work policy until July 2021 | The Intel community returns the final report of Russia to the Senate Committee after declassification The study finds that election officials are vulnerable to hearings in cyberattacks that took place in meetings with highly qualified technical supervisors postponed to Wednesday. Democrats hope the clash will resonate with the key bloc. (DR.I.), the board’s chairman, suggests that an Amazon official may have lied to Congress during his testimony in 2019.
“At best, it seems that Witness Amazon misrepresented key aspects of Amazon’s business practices by omitting important details in response to the highlighted question,” Tsitsilin said. “At worst, a witness that Amazon sent to speak on her behalf may have lied to Congress.”
Amazon has said it prohibits employees from using non-public, vendor-specific data when determining which new products to launch.
Amazon’s review has grown significantly in recent years as the company has continued to grow. It is estimated that in February the company accounted for about 44 percent of the US e-commerce market share.
Amazon, Apple, Facebook and Google are all investigations by Congress and the Ministry of Justice. The hearing will be presented on Wednesday for the first time when a contingent of executives of large technology companies appear at the congressional hearing at the same time.