House Subcommittee Planning On Jeff Bezos Testimony This Spring

Amazon CEO Jeff Bezos is expected to testify in Congress soon, following a House Antitrust subcommittee investigation into Amazon's use of third-party seller data to boost its own products. This scrutiny is part of a broader antitrust investigation in both the US and EU. Concerns are rising about market consolidation post-COVID-19, as investors may acquire smaller companies. The growing reliance on e-commerce has increased its value significantly, while small businesses struggle to compete with large corporations.

What is the main reason the House Antitrust subcommittee wants Jeff Bezos to testify?

• To discuss Amazon's environmental policies

• To investigate Amazon's tax practices

• To explore Amazon's use of third-party seller data

• To understand Amazon's employee benefits

Which organization is also investigating Amazon for similar antitrust issues?

• United Nations

• International Monetary Fund

• European Union

• World Trade Organization

What concern does Congressman Cicilline express about the post-COVID-19 economy?

• Increased government regulations

• Decrease in online shopping

• Rise in small business startups

• Greater market consolidation

How has the value of e-commerce changed in recent years?

• It has remained stable

• It has decreased significantly

• It has doubled

• It has increased tenfold

What challenge do small businesses face in the current economic climate?

• Expanding their market reach

• Increasing their online presence

• Keeping employees on the payroll

• Reducing product prices