JEFF BEZOS RESPONDS TO CRITICS WHO SAY AMAZON SHOULD BE KNOCKED DOWN A PEG

The Daily Caller | 4/5/2019 | Staff
superdudea (Posted by) Level 3
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Amazon CEO Jeff Bezos pushed back Thursday night on activist claims that the online shipping giant employs anti-competitive measures and is destroying third-party sellers.

“Third-party sellers are kicking our first party butt. Badly,” Bezos wrote in a letter to stockholders. Amazon’s investment in Fulfillment and the Prime program is “the very best selling tools we could imagine and build” and yet they are not enough to keep third-party sellers at bay, he noted.

Amazon - Label - Percentage - Website - Regulators

Amazon has maintained that its label constitutes a relatively small percentage of the website’s overall sells. Regulators disagree. European Competition Commissioner Margrethe Vestager announced a probe in 2018 into the company’s ability to compete...
(Excerpt) Read more at: The Daily Caller
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