Amazon CEO Jeff Bezos plans to promote the company’s job creation and support for small businesses during Wednesday’s antitrust hearing, according to prepared comments released by the company on Tuesday.
Bezos will tell the House Antimonopoly Subcommittee that Amazon now employs a million people and that it built an online marketplace that allows some outside vendors, independent “entrepreneurs,” to earn more than $ 100,000 a year. He acknowledges that Amazon is “a great company,” but that its expanding scale has created more than $ 1 trillion of wealth for its shareholders, including “pension funds for firefighters, police and school teachers.”
The comments also highlight personal information about her life, such as the fact that her mother was a 17-year-old high school student when she was born, and that her adoptive father emigrated from Cuba. They were among Amazon’s early investors.
“It is not a coincidence that Amazon was born in this country,” Bezos said in his prepared comments. “More than any other place on Earth, new companies can start, grow and prosper here in the United States.”
On a common theme for Bezos and the company, the statement repeatedly mentions Amazon’s drive to please customers, noting that this approach has made Amazon one of the most trusted institutions in the country.
“Investigators from Georgetown and New York University discovered in 2018 that Amazon only followed the military among all respondents in a survey of brand and institutional trust. Among Republicans, we only followed the military and local police; among Democrats, we were at the top, leading all branches of government, universities and the press, “the statement said.
Bezos is one of four tech CEOs to appear in Wednesday’s audience, along with Facebook CEO Mark Zuckerberg, who will take the opportunity to defend Facebook’s acquisitions of Instagram and WhatsApp and discuss his commitment to the projects of open source, based on prepared comments posted. Tuesday. Also appearing will be Apple CEO Tim Cook and Sundar Pichai, CEO of Google’s parent company Alphabet.
Amazon’s “Day One” mindset will also be a key theme of Bezos’ opening remarks. He plans to highlight how the business philosophy, which has given Amazon “both the reach and capabilities of a large company and the spirit and heart of a small one”, is excellent for customers, even when it may attract criticism. Amazon has earned the trust of consumers by listening to their needs, which are “lower prices, better selection and convenience,” he added.
“As I said from my first letter to shareholders in 1997, we make decisions based on the long-term value that we create as we invent to meet the needs of customers,” said Bezos. “When we are criticized for those choices, we listen and look in the mirror. When we think our critics are right, we change. When we make mistakes, we apologize. But when you look in the mirror, evaluate the criticism, and continue to believe that you are doing Right, no force in the world should be able to move you. “
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