House Subcommittee Planning On Jeff Bezos Testimony This Spring

House Subcommittee Planning On Jeff Bezos Testimony This Spring

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Amazon CEO Jeff Bezos may soon testify in Congress as part of an antitrust investigation into the digital marketplace. The investigation follows reports that Amazon used data from third-party sellers to boost its own products. Similar scrutiny is happening in the European Union. Concerns are rising about market consolidation in a post-COVID-19 economy, where investors may target smaller companies. As e-commerce grows, small businesses face challenges, highlighting the power imbalance with big corporations.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What allegations have been made against Amazon regarding its treatment of third-party sellers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the text suggest the COVID-19 pandemic has had on small businesses?

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