Amazon

Frustrated Amazon sellers slam Bezos for claiming his retail platform empowers small businesses

Amazon CEO Jeff Bezos testifies remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020.
Amazon CEO Jeff Bezos testifies remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020.

Mandel Ngan/Pool via AP

  • Amazon CEO Jeff Bezos joined the leaders of Apple, Facebook, and Google on July 29 to testify before Congress on antitrust issues. 

  • For Bezos, how Amazon competes with its third-party selling business comprised quite a bit of the questioning. 

  • Bezos maintained that Amazon elevates small business owners like its third-party sellers. But some Amazon sellers don’t agree. 

  • Amazon did not respond to a request for comment for this story. 

  • Visit Business Insider’s homepage for more stories.

When Amazon CEO Jeff Bezos testified with three other tech leaders on July 29 on antitrust issues, many of those who make their livelihood on Amazon’s retail marketplace tuned in.

There are approximately 1.7 million third-party sellers on Amazon, according to Bezos, and more than 200,000 of them generated

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Where To Buy School Supplies Other Than Amazon Or Walmart

HuffPost may receive a share from purchases made via links on this page. Prices and availability subject to change.

This school year, it might be especially worth it to have some online alternatives to Amazon and Walmart while checking off the items on your kid’s school supply list. (Photo: jchizhe via Getty Images)
This school year, it might be especially worth it to have some online alternatives to Amazon and Walmart while checking off the items on your kid’s school supply list. (Photo: jchizhe via Getty Images)

Your annual back-to-school shopping trip might be canceled this year, but that doesn’t mean you and the kids can’t get create some sense of normalcy during these strange times.

As students, their parents and teachers prepare for what will almost certainly be an unusual school year, there’s still a lot to consider and plan for amid all the uncertainty.

Most of us won’t soon forget the empty shelves and long lines at grocery stores at the beginning of the U.S. coronavirus outbreak in mid-March and how even reliable retailers such as Amazon and Walmart couldn’t keep up

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Apple, Amazon, Facebook, Google face claims of ‘harmful’ power

The heads of some of the world’s biggest tech companies have appeared before Washington lawmakers to defend their firms against claims they abuse their power to quash competitors.

Amazon boss Jeff Bezos said the world “needs large” firms, while the heads of Facebook, Apple and Google argued their companies had spurred innovation.

The appearance comes as lawmakers consider tougher regulation and competition probes are under way.

Some critics want the firms broken up.

Democrats pressed the tech titans on competition issues, while Republicans were more concerned about how they managed information and whether they were marginalising conservative views.

Congressman David Cicilline, the Democrat leading the congressional committee holding the hearing, said a year-long investigation by lawmakers had showed the online platforms had “wielded their power in destructive, harmful ways in order to expand”.

He said he was convinced the firms were monopolies and called for action.

“Some need to be

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Key lawmaker sets sights on Amazon

WASHINGTON (AP) — The Latest on testimony in Congress by the CEOs of Facebook, Apple, Amazon and Google (all times local):

4:45 p.m.

A key House lawmaker investigating Big Tech’s power is squarely targeting Amazon.

Rep. David Cicilline, a Democrat, told Amazon CEO Jeff Bezos at a hearing Wednesday that evidence shows that the e-commerce giant is only interested in dominating the market and is “fundamentally anti-competitive.”

Cicilline said “Congress must take action.”

As chair of a House Judiciary panel, Cicilline is looking toward possible new legislation to update century-old antitrust laws. But Republican Rep. James Sensenbrenner rejects the idea that legislation is needed — showing it could be a difficult mission for Democrats in Congress.

The Bezos, along with the CEOs of Apple, Facebook and Google were answering lawmakers’ questions about their companies’ practices as a House panel caps its yearlong investigation of market dominance in the technology industry.

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CEOs of Amazon, Apple, Facebook and Google face congressional antitrust grilling

The chiefs of four of the biggest tech companies in the world — Amazon, Apple, Facebook and Google — will face lawmakers Wednesday for a hearing on digital competition that could have cataclysmic impacts on an industry largely unhindered by regulators.

The grilling of tech titans Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai (the companies’ respective CEOs), will be done by the House Judiciary Antitrust Subcommittee as part of its ongoing, year-long investigation into competition in the digital market.

PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. (Reuters, File)

Here is the latest on how the news is developing today. All times Eastern. Check back for updates.

1:10 p.m.: Cicillin kicks off hearing with opening remarks

Antitrust Subcommittee Chairman David Cicilline, D-R.I., kicked off the hearing with opening remarks, saying the “purpose of today’s hearing is to

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CEOs of Amazon, Apple, Facebook and Google to face congressional antitrust grilling

The chiefs of four of the biggest tech companies in the world — Amazon, Apple, Facebook and Google — will face lawmakers Wednesday for a hearing on digital competition that could have cataclysmic impacts on an industry largely unmoored by regulators.

The grilling of tech titans Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai (the companies’ respective CEOs), will be done by the House Judiciary Antitrust Subcommittee as part of its ongoing, year-long investigation into competition in the digital market.

MORE: NAACP president calls Facebook a ‘threat to democracy,’ says ad boycott isn’t dying down soon

“Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming,” House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., and Antitrust Subcommittee Chairman David Cicilline, D-R.I., said in a joint statement earlier this month announcing the hearing.

“As we have said from the

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Tech giants Facebook, Google, Apple and Amazon to face Congress

Unprecedented is a dangerous word in journalism, but this really hasn’t happened before.

On Wednesday, four of the biggest names in tech will give evidence to members of the US Congress.

Mark Zuckerberg (Facebook), Sundar Pichai (Google), Tim Cook (Apple) and Jeff Bezos (Amazon) will all be grilled.

Jeff Bezos – the world’s richest man – has never testified before either house. They have never all been quizzed together.

How these tech bosses do, how they stand up to scrutiny, could be a defining moment in their future relationship with government.

Central to the interrogation will be whether these tech giants are simply too big.

The Covid pandemic has put this into sharp focus. Where other companies have struggled, Big Tech companies have thrived. Together they are now worth $5tn dollars. It’s led to accusations that – just like the banks – they are simply too big to fail.

The

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Many Companies Won’t Survive the Pandemic. Amazon Will Emerge Stronger Than Ever

The pandemic has upended businesses across the world, but it has been very good for Amazon. Every lockdown “click to purchase” nudged the company a little further toward utter domination of online shopping as total e-commerce sales nearly doubled in May. But if bigger was better for everyone, Amazon founder and CEO Jeff Bezos would not be appearing before Congress on Wednesday for an antitrust hearing.

Charlene Anderson, and sellers like her, are one reason why he’ll be there. Anderson is among the many merchants who sell goods on Amazon — and who together account for more than half of sales on the site. But they pay, too: Amazon charges Anderson a $39.99 monthly fee to post her knitting and craft supplies on its site, and it takes a cut of about 30 percent on each item she sells. Anderson’s seller experience has worsened during the pandemic as Amazon exercised

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This Graphing Calculator is Half the Price of the TI-84, and Amazon Reviewers Are Obsessed

Photo credit: Getty Images
Photo credit: Getty Images

From Good Housekeeping

Before your kids go back to school (or enter college!), make a school supply list and check it twice. Even if they’re doing homeschooling or virtual learning this fall, it’s still important that each student is properly equipped to have a successful school year. Whether you’re starting from scratch or sorting through supplies of year’s past, use these checklists, which are broken down by grade from — elementary to college — as a guide. If you really want a stress-free summer, print out the list that fits your needs and bring it with you to the store, so you can get in and get out fast. Or, do your school shopping online — pens, backpacks, mini fridges, and more — so you can enjoy your final days of the season.

Just getting started? Find more back-to-school tips, tricks, and ideas here.

Kindergarten

  • Pencil

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Why Amazon, Facebook, Google and Apple are Bad for America

On Wednesday, four big tech CEOs — Apple’s Tim Cook, Amazon’s Jeff Bezos, Google’s Sundar Pichai and Facebook’s Mark Zuckerberg — will come face to face with Congress, in a hearing held by Antitrust Subcommittee Chair David Cicilline. The hearing is one result of a yearlong investigation by Cicilline’s subcommittee into whether these four companies regulate more of the U.S. economy than our public officials do.

For some, this hearing may seem like a series of technical questions about market power, and for others, a mere congressional spectacle. But the stakes are high. This hearing is part of the only major investigation into corporate power by any Congress in recent memory. How this hearing goes, and whether Congress over the next few years develops the confidence to break up and regulate these giants, will in many ways determine whether America remains a self-governing democracy.

That might seem like hyperbole, but

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