Amazon CEO Jeff Bezos is summoned to the Congressional Antitrust Subcommittee


Steve Jurvetson

The Antitrust Subcommittee of the U.S. House of Justice Committee convenes the Google, Amazon, Apple, and Facebook CEOs known as GAFA at a public hearing on July 29, 2020 to hold a testimony and ask for testimony I announced that. In response, Amazon has released a statement in the name of CEO Jeff Bezos.

July 27th: Hearing on 'Online Platforms and Market Power, Part 6: Examining the Dominance of Amazon, Facebook, Google and Apple' | US House of Representatives Judiciary Committee

Statement by Jeff Bezos to the US House Committee on the Judiciary

U.S. House of Representatives Jerod Nadler, Attorney General of Justice and David Sisillin , Antitrust Chairman, will seek testimony from four GAFA CEOs on July 6 as part of an antitrust investigation. Announced.

``Since June 2019, the Antitrust Subcommittee has investigated the advantages of a small number of digital platforms and their implications for existing antitrust laws,'' said Nadler and Sicilin in a joint statement. Given that they play a central role in the lives of Americans, the testimony of their CEOs is so important that they are essential to our research.'

The Antitrust Subcommittee hearing was originally scheduled for July 27, but Congressman

John Lewis , a symbol of the American civil rights movement , died of cancer on July 17. As a result, it was changed on July 29.

Prior to the hearing, Amazon released the statement of CEO Bezos on the official blog. “We have been keeping in mind the spirit of “Day One” since our founding,” said Bezos, who has all the passion and entrepreneurial spirit of the day. Amazon is now a big company, but if I always keep the spirit of 'Day 1' in mind, I can say that both the power of big companies and the spirit of small ones I believe that we can have both.'

'I think Amazon should undergo a thorough investigation,' said Bezos, 'large organizations, whether they are businesses, government agencies, or nonprofit organizations, should be scrutinized. Our responsibility is to successfully bypass such scrutiny,' he said, stating that he will accept the antitrust subcommittee's investigations.

in Note, Posted by log1l_ks