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Everything Amazon CEO Jeff Bezos just said to Congress in 13 minutes
Amazon’s CEO testified before a House Judiciary subcommittee about whether the company is using its monopoly power to stifle competition. Here are the best moments from the hearing.
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M
July 30, 2020 at 10:53 pm
All these CEOs are traitors and need to be put in prison!
Jc VRod
July 30, 2020 at 10:55 pm
All these congressmen and woman should be fired for bullying. We tend to forget that these giant companies is what makes America great compared to socialist countries.
Maggie Ann 15
July 30, 2020 at 10:56 pm
Can they make these things longer so he can actually answer the questions? WTF
Ron Miller
July 30, 2020 at 11:00 pm
The Stupid Congress won’t let the poor guy finish
Thom Strom
July 30, 2020 at 11:06 pm
That Ms. Jaypal is so arrogant and so biased, not even attempt to listen to the address. Shame on the questioners too using anecdotal emails and communications.
Michael Elliott
July 30, 2020 at 11:09 pm
I don’t know why they picking on Jeff B./Amazon. They or your government is spoon feeding Jeff B.myself, and everyone else their own money.
Thom Strom
July 30, 2020 at 11:10 pm
Why on earth the questioners asks a question if they already have a biased ruling to take. This is happening on anecdotal information they collected without any investigation to truthfulness of their information.
John Volt
July 30, 2020 at 11:12 pm
What’s the point of this? You cut him off 5 seconds into every answer to move on. I want to hear what he has to say.
Thom Strom
July 30, 2020 at 11:16 pm
Ms. Scanlon very arrogant and doesn’t understand what is she asking about.
Ralf Capel
July 30, 2020 at 11:22 pm
You see if the customer benefits from better service and better pricing it is not really anti-trust, even if a company is huge. In the case of “Amazon is creating competing products to 3rd party sellers” every retailer does that. Super markets do that, Wallmart does that, all of them have home brands. It lowers the prices to the end consumer. What we often saw in this hearing is that the government created a hypothesis/opinion, and then searched for evidence to back that opinion. At companies the size of the big 4, you are always going to find cases where it went wrong. That does not mean the hypothesis is right generally though. A nice analogy, go on the internet and find “evidence” of the earth being flat. I am sure you will be able to create a compelling case based on a few data sources. If the gov can prove systemic mis-use of power, that needs to be regulated. Making a villain out of successful entrepreneurs, who deliver a great service to most people around the world, by taking out of context niche examples, I don’t think is going to help prove that. For those who will say, the examples are not niche, I challenge you to come with evidence beyond a handful of anecdotes.
trayNTP
July 30, 2020 at 11:40 pm
All these useless Congresspeople care about is how many questions they can ask, not the responses. As soon as Bezos starts answering they cut him off because they think we only want to hear from them not those testifying.
ShawnD Chatman
July 30, 2020 at 11:40 pm
Just a quick question: At the 5:20 time stamp (Amazon’s Dominance) do these percentages not need to total 100%? Asking for a friend.
YouStink
July 30, 2020 at 11:43 pm
Corrupt government SLIME. Go back to pushing paper and taking bribes from lobbyists.
Chris Foster
July 30, 2020 at 11:51 pm
not defending either side, however, i do find it annoying when they ask someone a question and then cut them off halfway through their response or give them no time to further elaborate. if they’re so low on time then what’s the point of even asking questions?
Ercan Kalafat
July 30, 2020 at 11:53 pm
The congress people ask questions but dont let the guy answer and all of them are very rude!
Watch This!
July 31, 2020 at 12:01 am
They kept cutting him off and wouldn’t let him finish sentences. They all acted like children. Would anything he said change their opinions or pre prepared final arguments. Bezo’s could be the devil but I kinda feel bad for this whole thing. They were only interested in making their points
Miguel Pena
July 31, 2020 at 12:11 am
How can productive conversation happen when they keep cutting them off? They need to change the policy for these hearings. So annoying to watch.
David Serrano II
July 31, 2020 at 12:15 am
As someone who has ran a small e-commerce business, I consider this total B.S. I can sell on Amazon or any platform. The cost of my product is not affected except in the transaction process with Amazon is in the higher end. The idea that I as a seller am bound to Amazon is none since. I guess the solution would be to have Amazon only sell Amazon retail? Ridiculous, if you don’t like the platform sell somewhere else. Congress needs to develop a brain before they criminalize a company simply because it’s large. Google is a competitor trying to cut out the Amazon with Google shopping, Shopify with Shops, Facebook Shops, and best of all all, these companies offer a place for people like me to attempt to start a business that I could never have before. Oh and Walmart offers far better pricing on food than Amazon, while starting to offer small businesses like myself. Hmmm, maybe you can grocery shop and buy your physical products plus a competitive shipping time.
xjlonelystar
July 31, 2020 at 12:21 am
How come Microsoft isn’t at the hearing. Who isn’t using a windows computer lol. These other companies not paying these politicians enough money.
Sheri R
July 31, 2020 at 12:47 am
The diaper story is only one of thousands that has done directly to their sellers. Its part of the business model. Wait till they wipe out more and more business and then watch the prices rise. Wait till it wipes out your jobs in your industry. The store front is only ONE of the systems they are disrupting, they own all the data.
Favio Balestrieri
July 31, 2020 at 12:54 am
Why do they summon him if they don’t let him speak?
Sam
July 31, 2020 at 12:55 am
They ask him a question and they keep interrupting his answer. As a viewer I wanted to hear his answer and it was annoying that they wouldn’t let him answer. As a consumer I want to know what his answer is and I could not hear what he had to say. It feels like congress is just putting on a show.
____
July 31, 2020 at 12:57 am
Where is Microsoft? Linkedin? …
Ricky Kej
July 31, 2020 at 1:08 am
scripted soundbites to get media attention, and each representative is hoping to go viral.
craig taylor
July 31, 2020 at 1:21 am
They don’t even want his answers, they just want to vent!!!!! Disrespect idiots
Mayra Lara
July 31, 2020 at 8:32 pm
Its a court system. Its either a yes or a no.
Dsleaz
July 31, 2020 at 8:51 pm
PayPal talks too much. And is also misspelled. Jayapal. That’s all folks.
Ling li
July 31, 2020 at 9:32 pm
Amazon is a private enterprise. If they are not doing things right then use your common sense. Go somewhere else. I used to be a prime customer of Amazon because they do the delivery, don’t care the cost.
Kym McL
July 31, 2020 at 9:34 pm
Like everyone else I like Amazon but I think it’s a monopoly and it makes it harder for other businesses to compete
bleu 007
July 31, 2020 at 9:36 pm
Congress : *Asks question*
Bezos : *I….*
Congress : *Thank you Mr. Bazos, my time is limited*
Ross
July 31, 2020 at 9:55 pm
What a sham of a hearing!
Jim B
July 31, 2020 at 10:02 pm
Hey, jeff. you going with electric vehicles and all the other. Do you think they are that green when those battery systems are very toxic waste that is no different than what we have now. How about investigating thorium engines and see what becomes of that.
Jessi Taran
July 31, 2020 at 10:19 pm
By expanding into fulfillment Amazon has betrayed the businesses that partner with them. Bezos has built his success on the backs of private vendors- and then as soon as Amazon no longer needs these vendors they usurp their businesses by stealing their customers. When Amazon was just a marketing venue it was great because it supported American businesses. The way it now operates is the antithesis of that.
Cafe com Pereira
July 31, 2020 at 10:42 pm
This is a joke.
Eric Heffernan
July 31, 2020 at 11:05 pm
Chairman has an Apple Watch… 😂
Kevin Goodman
July 31, 2020 at 11:11 pm
Wow our Congress is full of idiots….
Kevin Morey
July 31, 2020 at 11:16 pm
What a joke
Dr.CVS
July 31, 2020 at 11:44 pm
Mr Neguse was the only politician with manners
luigi valcarcel
August 1, 2020 at 12:11 am
He is a Greedy jerk
Musa Ngobeni
August 1, 2020 at 12:16 am
This is stoopid, why ask a question if you don’t wanna listen to the answer
Black Robin Recordings
August 1, 2020 at 12:19 am
Vote them all out and switch it up.
K L
August 1, 2020 at 12:21 am
If your time is short then let’s schedule more time.
Let’s talk when you have more time.
Derek Williamson
August 1, 2020 at 12:25 am
These committees need a better format. It always ends up being politicians vying for soundbites instead of actually seeking the truth. Literally no new information was offered here.
Sal
August 1, 2020 at 12:53 am
wow these Congressmen are very rude and disrespectful….let the man speak
latengocomoburro
August 1, 2020 at 12:59 am
“reclaiming my time” “my time is short” extremely arrogant democrats.
Tonya Hammond
August 1, 2020 at 1:03 am
Dear Mr. Bezos. 🤨 your a monopolist. I will NEVER use your company again. Out of all of the companies, Amazon is the biggest company.
latengocomoburro
August 1, 2020 at 1:03 am
They do sell an extreme amount of counterfeit products. Most of the time you do not even know what you are buying. sometimes I do not even buy from them because of that.
SUKHRAJ SINGH
August 1, 2020 at 1:10 am
@ there is no corona at all, if you wanna raise voice, raise against this, it’s all about 5G launch , we want our freedom back…!
Please stop this nonsense business about controlling humanity with 5G, those who will not stop they will have to pay for the same eventually that’s inevitable..!
Hama Stl
August 1, 2020 at 1:17 am
Congress is full of total idiots dumbs who can be bouth out for much less than one million.
Nolan Abell
August 1, 2020 at 1:24 am
Every person here loves using amazon
Liv in
August 2, 2020 at 9:45 pm
Guys please consider a perspective here. They have data and history in hand and are monitoring the intent and relationship of the corporation with country. Hence the setup of cutting and moving on is happening.
The way I see this is that. Amazon is not taking some positive inputs from this committee in good will. As I see lot of information hiding and upfront denial of things.
It is just a good symptom of another mode of economy is going take over the planet. Whatever companies like Amazon has done so far are going to be our good lessons for this bright future.
I hope amazon learns and joins us on the other side. As it’s not a company but a representation of a big Organization
Tihomir Valkanov
August 2, 2020 at 9:53 pm
Ooh now I get it. They have a number of those to ask in order to get a pay check… they don’t care about the answers. That’s the only thing that makes sense out of this bs hearing.
Nate Dog
August 2, 2020 at 9:55 pm
There simple questions but are given complicated answers. most of these questions are a simple.ple yes or no.
Chillednfunked
August 2, 2020 at 10:02 pm
Hate this man so much, the greediest man ever…
ninpo14
August 2, 2020 at 10:08 pm
Is he a deep fake?
Dante72691
August 2, 2020 at 10:11 pm
Why dont we common people have access to meetings like this to the Congress people I won’t say that companies don’t commit mistakes for money, but I want to ask them why they do their predatory behavior as well
Vijay Singh
August 2, 2020 at 10:11 pm
Hi there…. Could please tell why microsoft is not included in trial
Julius Reinhold
August 2, 2020 at 10:13 pm
most of the questions are structured like this:
There’s evidence of an illegal/immoral measure having been taken by amazon. The Congress, based on those “facts” wants to have confirmation on whether the measures actually are taken or not.
For Mr bezos that means to either answer “yes they are taken” which would allow the Congress to alledge him of illegal actions and sanction the company. Would be comparable to a murderer confess of his crime. Not smart and self harming.
So bezos definitely never will say yes to such questions.
Or he answers “no they aren’t taken”. But this answer doesn’t change the facts, so one still wonders how the measures aren’t taken but evidence of them actually being taken fits together. Compare that to your knowledge before asking the question and oops you don’t have more information then before asking.
So the only answer providing new information u would be a yes. But as I’ve mentioned before bezos won’t do that.
Means that in any case you’re not smarter then before. Which in turn means your not investigating, but wasting precious time and money.
Zach Reed
August 2, 2020 at 10:21 pm
This is just Congress talkin the CEOs of these businesses barely get to talk they’re trying to get them to confess to crimes they probably didn’t commit
Fredriks Munene
August 2, 2020 at 10:30 pm
I don’t think Jeff bezos is aware of what happens in his company. He relaxes and just wait for his profit.
robert wardi
August 2, 2020 at 11:14 pm
Jeff I do not regret a dollar that I have spent on Amazon. I’m not mad at your aggressive capitalism but I would have kept Mrs.Bezos
moxneo
August 2, 2020 at 11:29 pm
I feel that this is a witch hunt. I’m all for us the people not getting rip off and lose our money and business. Let Him answer so then you can counter not just making like you shoving the word you want in his mouth. What a joke.
Narek Abrahamyan
August 2, 2020 at 11:30 pm
They are not letting him answer lol
Chems Eddine Senoussi
August 2, 2020 at 11:47 pm
I really like how Mr.Bezos keeps on talking after they SHUT HIM before he even finishes his answer…!
David Lancaster
August 2, 2020 at 11:48 pm
They didn’t let him answer the questions… I don’t understand
Sownheard
August 3, 2020 at 12:10 am
Congress is a corrupted outdated joke of a system they can’t even fix basic tax loop holes.
And people expect them to help the common man and woman.
While they can’t even spot the difference between Google Amazon Apple and Facebook.
While These Congress fools fired the tech department and made them self dumber.
The common American is now stuck with a ineffective government!
That made corruption the new norm taking more corporate bribes than ever before all while playing the tax payers in the current fake puppet show called 2 party democracy.
Yes monopoly’s are bad but.
The level of hypocrisy on display here is comically large.
mandy’s destination
August 3, 2020 at 12:11 am
Jeff I work for you. Thank you for everything and don’t waste your time on these congress people
sgtsnakeeyes11
August 3, 2020 at 12:19 am
why does he sound like a stoner?
Juan Pablo Vivas
August 3, 2020 at 12:35 am
They treat ther CEO like if he know every detail of the company, they should invite the head directors as well… but well, is funny to see the richer guy in the world struggling to answer some questions 😛
Noosa21
August 3, 2020 at 12:35 am
They dont give him anytime to answer. Unrealistic answer time span to rhetorical questions.
I legend
August 3, 2020 at 12:38 am
Anti-trust has failed. But this is all for show so nothing is probably going to happen. The monsters always win.
saffron jade
August 3, 2020 at 12:45 am
He is not answering the questions, just deflecting onto something completely different each time, thats why they have to interrupt him. Hes being disingenuous and pretending he does not know what they are talking about. when he knows exactly in each situation, but does not want to give a truthful real answer.
Darvyn M
August 3, 2020 at 12:50 am
2:08 Who’s the girl on the right tho 👀
pakmule88
August 3, 2020 at 1:05 am
Lol congress just got schooled
Shashank Bhavaraju
August 3, 2020 at 1:09 am
He looks so underprepared