- Amazon CEO will testify before a congressional antitrust committee for the first time on Wednesday, alongside Sundar Pichai, Tim Cook, and Mark Zuckerberg.
- While experts told Business Insider they expect the questioning to mostly pertain to matters of competition, Bezos will likely be grilled on everything from how Amazon treats third-party sellers to the company's approach to acquisitions.
- The hearing may come at a challenging time for Bezos, who recently added $13 billion to his net worth in a single day as the coronavirus still surges in parts of the US, contributing to widespread job losses.
- Bezos will need to downplay Amazon's size and power in favor of highlighting the benefit the company provides to small businesses and the communities it operates in.
- Visit Business Insider's homepage for more stories.
He's appeared in a Star Trek movie, built a $42 million, 10,000-year clock in the desert, and survived a helicopter crash. But on Wednesday, Jeff Bezos will do something he's never done before: testify before Congress.
Amazon's 56-year-old founder and CEO has been called to testify before the House Judiciary Committee's antitrust subcommittee, which has spent the past year examining the business practices and market power of the nation's largest tech firms.
See the rest of the story at Business Insider
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See Also:
- The leaders of the world's most powerful tech companies — Apple, Amazon, Facebook, and Google — will be speaking in front of Congress this week. Here's what we're expecting, and why it's a huge deal.
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