Amazon Facing Increasing Scrutiny From Lawmakers and Workers

The transcript discusses the complexities of Amazon's business, including employee satisfaction, antitrust issues, and market dynamics. It highlights challenges faced by employees and sellers, such as algorithmic management and pricing conflicts. The discussion also covers Amazon's competitive practices and the potential for a legal breakup, drawing parallels to Microsoft's case in the 90s.

What is one of the main criticisms of Amazon's employment practices?

• Excessive vacation time

• High wages

• Lack of performance evaluations

• Algorithm-driven management

What challenge do Amazon sellers face regarding pricing?

• They are not allowed to sell on other platforms

• They must offer lower prices on Amazon than on their own websites

• They receive subsidies for lower prices

• They can set any price they want

How has the playing field changed for Amazon sellers?

• It has become more favorable for local sellers

• It remains unchanged

• It has become less competitive

• It is increasingly tilted in favor of overseas sellers

What is one anti-competitive practice Amazon is accused of?

• Offering free shipping

• Price parity provisions

• Expanding warehouse locations

• Providing seller support

What is a concern regarding Amazon's private label business?

• It only sells electronics

• It offers too many options

• It competes unfairly with third-party sellers

• It is not profitable

What historical case is compared to the potential breakup of Amazon?

• Apple

• Facebook

• Google

• Microsoft

What is a potential outcome if Amazon were to be broken up?

• It would lose all its value

• It would unlock some value

• It would become a monopoly

• It would stop selling online