The head of the American corporation Amazon Jeff Bezos agreed that the US authorities should regularly conduct checks in relation to his company. This was reported in the Amazon blog, where the text of Bezos’s speech was published, which he is scheduled to deliver on July 29 to the Subcommittee on Antitrust Policy of the US House of Representatives Judiciary Committee.
According to him, it is necessary to conduct thorough checks in relation to all large institutions, including companies, departments and non-governmental organizations. At the same time, the entrepreneur noted that it is the duty of companies to show excellent results during inspections.
In addition, the text of Bezos’s speech draws attention to the fact that Amazon has invested $ 270 billion in the US economy over the past decade. The entrepreneur also stressed that Amazon accounts for less than 1% of the global retail market, which he estimates at $ 25 trillion, and less than 4% of retail sales in the United States.
Bezos also added that the world needs not only small companies, but also large ones. He noted that the products of 1.7 million small and medium-sized businesses are presented in the company’s stores.
On June 17, it was reported that as part of an antitrust investigation by the US authorities, the heads of Facebook and Google, Mark Zuckerberg and Sundar Pichai, agreed to testify before the US House of Representatives Judiciary Committee.
In July 2019, it became known that the American authorities were preparing to launch a large-scale investigation against Amazon, Facebook, Google and Apple to check for possible violations of antitrust laws by them. According to Reuters, Amazon and Facebook have taken over the supervision of the US Federal Trade Commission, the powers in the proceedings will be divided between the US Federal Trade Commission, which has taken over the supervision of Amazon and Facebook, and the Department of Justice will deal with Apple and Google. At the same time, the Democrats in the US House of Representatives announced the start of their own investigation.