This week, the Brew is previewing next Monday’s antitrust hearing by profiling each Big Tech company.
Company name: Amazon
Volunteered as tribute: CEO Jeff Bezos
The charges: Amazon is being investigated for allegedly using the data it’s collected on third-party sellers to help it make competing products. It may also be questioned about Amazon Web Services, the immensely profitable cloud unit it uses to subsidize its e-commerce operations.
The rebuttal: Bezos will likely point to a few key stats, including that third-party sellers now outsell Amazon products on Amazon’s own platform, as evidence of Amazon’s fair and equitable treatment of those third-party sellers.
It gets even juicier. Read all about Bezos in the hot seat.
source : Morning Brew