Everything Amazon CEO Jeff Bezos just said to Congress in 13 minutes
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- čas přidán 28. 07. 2020
- Amazon's CEO testified before a House Judiciary subcommittee about whether the company is using its monopoly power to stifle competition. Here are the best moments from the hearing.
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Congress: Your company is an abomination. Explain yourself.
JB: Well-
Congress: That’s all the time we have, folks.
JB: 👁👄👁
@@DevJB Except that in time all those "competitive store" are owned by the same group interests. And when that happens, they can do whatever they want, higher prices, less quality in products if that is more cost effective and so on.
Time is MONEY!!
Exactly... It's a monopoly :)) no seriously it's ridiculous how they expect to have a conversation, an answer to complex questions
Exactly
George A that’s not how hearing work. It’s not a conversation it’s more like a court
Really the worst interview I have ever been to. Wanted to literally buy the congress
Lmao
😂😂
Lmao
LOL
I've never seen anyone cut off from responding SO many times... It makes me wonder...What kind of people would actually vote for those kinds of people???
Bezos should have said " I'll answer when you have time "
AYEEEE
I know we like to hate on Lex Luther. But I side with him here, he actually tried to honestly answer the questions and they kept cutting him off.
He should of said I'd like to answer your questions but unfortunately I'm out of time
Well, what are they supposed to do when he dodges the questions all the time. Sure you could let him keep talking forever, but when you notice that he isn't even about to actually answer the question and just keeps talking in buzz words, you could just stop him there as well.
All he want's is to waste as much time as possible so that they can ask him less questions
@@cavejohnson4054 What do you expect from people who were put in their seats by land barons and banksters?
It's disgusting how they have to keep cutting him off. Let him talk Jesus
He's talking abunch of hooopla
That's part of the show. So that he don't talk. Less talk = less information
Well “ThEiR ShoRT On TiMe”
I think part of it is the latency. They don’t know when to talk. Still annoying though
Jesus is Lord of all. Repent and believe.
Let me ask you a question, but I won’t let you answer.
exactly
He’s beating around the bush that’s why... you ever write an essay that had to be a certain length so you start throwing all kinds of Bs to make it look legit? Same concept.
When did your idea work?
Our horrible ‘big government’ is where all of these companies were born.
P.S. You need more caps lock.
Well he had quite a time to pay taxes and he didn't.
there’s a time limit and frankly, he’s not giving any answers. just a bunch of tiny filibusters.
"Do you, as a business trying to make a profit, make a profit?"
"Well, we.."
"That's what I thought. Next question."
You’re cutting into my time, next question.
😂😂😂😅😅
it sucks because they’re unfair to him. so public opinion is “let him talk!” but he’s not gunna tell you that he’s running a monopoly. they’re goal isn’t to let him talk but to bring to the public what he isn’t willing to tell them. his response isn’t what they’re looking for. they’re trying to alert you, but your feelings are in the way.
Lol
Except that they don't, funnily enough
Congress: explain your 200 BILLION Dollars over the last 25 years in 2 seconds
LOL
😂 😂 😂
Exactly. Running Amazon is not like running a roadside lemonade stand, go figure.
Let him go on Joe Rogan, smoke a joint and talk for 3 hours, then you'll get your damn answers.
I would love to see that.
Factss I wanna see
amazon stock drop inc
last time elon musk take a puff from a joint tesla stocks went down lol
Elon was incredibly tight-lipped and gave nothing away lol.
I expected Bezos’ webcam to be at least 8K
It kind of was live, this video downgraded the quality.
The government didn't bother to have proper bandwidth.
MORE DEBT!
MORE RUSSIA!
MORE CAPSLOCK!
YEEHAW!
You’re going to have a come-to-Jesus moment as soon as you realize all of these beautiful, wealthy companies were born in ‘oppressive’ blue states.
Now go buy a new tire for your house.
may be government just has poor internet connection.
So you can see him sweat?!
Congress griping about a monopoly while a two party system fights for monopolization of power in Congress.
Bro ain’t you telling nothing but the truth. Respect.
At least they are competing. Amazon is actively preventing any competition from happening through unscrupulous and exploitative practices.
moozeecka Yes , any country they enter , they underprice than competition,kills them, only to sell same products for same price as them later. With such market leadership, they can stop new competition at a snap.
This reads like Baby's First Anarchy post.
@@gurumage9555 I guess the same could be said for the republican party with Gerrymandering and Fillibustering (and a lot more filthy tricks)
When you invest, you're buying a day you don't have to work
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It's not ignorance but due to some unprofessional broker in the market
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Respect Bezos for how calm he was. I would have answered every question with "you don't have the time for that"
"you don't have the..." - Im sorry Mr Bezos
when youre a billionaire and have half of congress in his back pocket, yeah i wouldnt care either
I have no respect for Bezos, his composure is part of why he's in his position. It says nothing about the societal morality of his business. I also don't respect Congress...
Half of them are probably checking on their Amazon orders while they’re grilling him.
Lmao...good one bro
You're right haha
Haha funny cause it's TRUE.
Facts!!!
Repent
I'm sorry Mr Bezos, I was looking for a self-incriminating answer, so I have to move on.
What is this courtroom of self-righteous hypocrites before mine eyes!
This was literally a billionaires puppet show
They were being rude af
Demetrius Wilkins yeah most of them were, the one person did apologize for talking over Jeff tho and let him speak
Curb Your Thug Life tytttttytr thy tyi ET ttttturttttt thy t try yes the ytry thy ttrieuuuytetuttt
Congresswoman:
“Mr. Bezos, you have a monopoly on the market!”
Bezos:
*”Perhaps...you should no longer be a Prime Member...”*
He could be completely guilty but the way they treated him made me side with him. Sheeesh let us hear both sides of the story
@@khanjra yea but he also doesnt pay his federal income taxes and what his workers earn in a year, he earns in ten seconds. so much of his money could be spent on improving work conditions for workers as even two people died in his factories. he may have earnt his money but we shouldnt ignore these facts also
@@vikrams.3861 man he made that money straight up and if you found a way not to pay federal income taxes you’d do the same
Exactly... these congress people are incriminating themselves.
It's beyond obnoxious to ask these people loaded questions and then cut them off after 5 seconds of responding every. single. time.
Yes, it actually generates sympathy for the CEOs. The fact is there is no attempt to actually do anything to these entities, they are just trying t get soundbites for their political careers.
its basicly a deposition , besos is running around the questions thus being interupted :/
itzLCD Time so very limited that the congresspeople are able to present detailed anecdotes at great length... Tbh I would like to hear what the industry leaders have to say, dodging questions or not.
well the purpose of congressional hearings isn’t to give you what you want to watch. it’s to get the answers and testimonies, so if they’re avoiding it by saying a bunch of irrelevant crap, they’re going to be interrupted.
Yash Agarwal nothing says well spent time like a 15 hour Congressional filibuster.
Congress: Crisp HD Webcam
Billionaire boi Bezos: 480p potato
Congress : Get us only the highest quality, Clearest, Best Camera you can find. It should adjust lighting to make us look as perfect and like royalty as possible. Make It gold-plated as well . Here's 6 Million taxpayer dollars, and you have 18 months to get it to us.
Bezos : My laptop has a built-in webcam.
It’s CGI guys.... Look at the neck against the shirt collar, the chin in comparison to the neck and the eyes! It’s the same on all 4 of them. They’ve all be executed!!!
Well I don't think congress was streaming, I think there was a camera crew there. Bezos was using a webcam though however.
Amazon Basics 😂
@@anm1189 lmao
10:58 lol she was ready to stop him before he open his mouth no one here to listen to him
JB - I don't remem
Congress - Ok ok, shut up
JB - ...
Congress - I'm sorry but we are almost at my time
When the government envies your success. Smh
Lol
I can’t wait to argue 😈
Its not envy, they're trying to protect against a monoply which is clearly going on in Amazon
@@hynacity3014 we'll if you actually use your brain your parents gave you, amazon is performing way better than the other e-commerces because they actually sell from millions of sellers instead of what bestbuy does only sell their own stock.. ofcourse you get alot more sales when you offer more than double the products...
@@JortBasement Amazon is show stopping other companies from selling there item's because Bezos wanna stay on top. He's knocking other companies out of the way because he's greedy.
And the irony is every single person grilling him probably uses Amazon
That's the point of the hearing, it's to determine if Amazon has an unhealthy monopoly.
They have stocks in amazon
Doubtful
Including you 8 me
You have to be a moron to not realize he’s a monopoly. And all the department stores closings is bc of him. Do I like Amazon? I do. Is it a healthy fare company? NO!!
It's so incredibly frustrating listening to these congress people..
Daniel Johnson So is Jeff Bezos
Spicy Kale how
@@germywormy Jeff who
Gangster 3.0 He has cut health benefits for workers and opposes unions. He also destroys small businesses.
Spicy Kale how does that make him hard to listen to lmao
They keep cutting in the middle of his answer they don’t even let him talk just a bunch of Karens running this country.
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In a nutshell:
Them: Asks a question
Bezos: "Well..." (gets interrupted)
Them: "Mr. Bezos you are stealing my time." Asks another question.
Bezos: "Let me just say..." (gets interrupted)
Them: "Mr. Bezos you are stealing time itself." Asks another question.
Bezos: *On mute*
Them: "We have reason to believe you are on mute."
Bezos: *unmutes* (immediately gets interrupted)
Them: "Time is money, you have money, therefore you are stealing time. We find you guilty of time stealing."
🤣🤣🤣🤣🔥👌🏻
Well, if you're going to give out the same rehearsed non-answers (like these CEO's were doing), I'd rather you be cut off too fym?
😅 you're spot on.
🔥😂😂😎
it sucks because they’re unfair to him. so public opinion is “let him talk!” but he’s not gunna tell you that he’s running a monopoly. they’re goal isn’t to let him talk but to bring to the public what he isn’t willing to tell them. his response isn’t what they’re looking for. they’re trying to alert you, but your feelings are in the way.
“Are stolen goods sold in Amazon” is probably the dumbest question I have heard.
i mean, it may sound like a reasonable question, but the sheer volume of the company would make that undoubtedly impossible to answer with confidence. It doesn't make him a bad owner/manager/whatever to not know, it just makes it realistic.
I have a suspicion that these types of weak softball questions are often telling of how intentional and in-authentic these congressional hearings are.
I really don't suspect there will be any trust-busting happening anytime soon for these tech giants.
He rephrased it later that - why don't amazon take the responsibility of selling stolen goods.
Yes, they have policies to restrict it as much as possible but at the end of the day if stolen goods are being sold on Amazon.
Amazon do not take any responsibility even though they earn their margin on it. It all falls on to the seller and customer.
You guys are so simple minded it hurts. This is a "wolf in sheep clothing" question whose purpose is to get Jeff Bezos to say whether or not they have policies in place that properly vet goods before listing them.
People are stealing content on youtube all the time. CZcams isn’t responsible for their users actions due to safe harbor. Why didn’t Amazon have something similar
“My time is limited” -unknown
it took me a minute to understand. Good one
I’m going to be honest, the reason why I order thing from amazon is good return policies and fast/safe shipping. That’s literally the key factor
exactly. and the money from your refund gets to you instantly after you return the item
Purely my buying motive, I’ll pay more for the hassle free factor
Safe or fast not both. He’s no longer innovative, he’s exploitative.
@@franklynrizzo8328 Idk what ru talking about, I get my packages fast and returns happen hassle-free.
@@raydjyoti The cost associated with the reputation he has garnered, has created a weird master/slave morality. His employees are more like brainwashed cult members and conditions for he lower employees are still atrocious. Suicide attempts and threats are a common occurrence at the local fulfillment center in my town. His company is associated with cheap and easy, at the cost of humanity. A Walmart model brought to its apex. The last thing a company should do, is create a customer base of vapid and voracious aspiring emperors who will greet any slight deviation of service with a rage that would make a 19th century Russian czar cringe. There is no heart in Amazon and it will never have the branding that companies that have survived the test of time have enjoyed.
But, enjoy your fast and “safe” in garage delivery.
Jeez. Let the man talk.
Careful what you wish for.
The more he talks the less questions they get to ask. His goal is to say a bunch of bs so their time runs out
Can they put some people that actually know how tech businesses work, because these congressman seem stupid.
desert123100 maybe so. But come on, to be constantly interrupted like that. They could care less what he says especially if it doesn’t fit a narrative even if what he is saying is crap or not.
@@riceburnr2005 This went on for 6 hours. Everyone had more than enough time to talk.
Congress people: "I'll ask you a question but you have no time to answer it"
He's lying. They don't want to hear his lies when he could have just answered yes or no.
@@bvm437 everything could lead to a lawsuit. So asking yes or no questions is not recommended. The government and the police are trained the same way to make you say something you are not guilty of. The questions are one sided and don't allow the one being questioned to explain oneself, especially if the questions come from people who don't own and run businesses. None of them sitting there would ever dream about making billions in their lifetime, I hear jealousy in their voices as they speak. Read Rich Dad poor Dad by Kiyosaki. Business is a rough game to play and if you don't have a strong backbone you'll lose everything you have built. Allot of people step into business without reading the fine print and blame other people for their mistakes. Actually you should ask your government why your money isn't backed by gold and who owns the gold is was backed with now???? Or why can't they solve poverty??? They make the laws right????
Efalon Acies your an idiot. Put a time stamp in this video where he lied once? Can you ? NO because your claim is based on conspiracy not proof.
The only respectful guy was Mr Neguse
Congress: Our time is short
Bezos: well, if you are going to break a trillion dollar company then get more time
so if you're not happy selling on amazon, then go sell somewhere else... Basic Economics
Someone didn't pay attention
@@michelleburkholder2547 you know that the internet isn't an extralegal sphere?
You can t
Wrong! If the law don't protect small businesses no one will. Amazon should not be permitted to replicate sellers products and compete with them in Amazon platform. Basic ethics dear!!
@@ross9503 why not? Amazon sold their own products way BEFORE there was a market place for other companies on amazon. It's simply a service provided by Amazon. No one is forced at gunpoint to use it. Has nothing to do with ethics you moron
Is arrogance a prerequisite to be part of the Congress?
Yeeep.
@Reginald Jones not all answers are binary, business decisions need to be backed with context to understand why they were taken.
And when you're taking decisions at this scale, it's often impossible to satisfy everyone. In that case the decisions need to have a balance for the holistic good. To understand why such decisions were taken you need domain expertise and skills.
Reginald Jones this whole thing shows that congress people know nothing about an online business, you can't just say yes or no for the questions they're trying to make them look bad when they've helped so many start up and small businesses which is something the government can't do. All they do is take way too much income tax.
and ineptitude...when you get to incompetence, you run for President hahaha
Apparently so
The whole thing is just:
"Hello fellow voters in my district! Look how tough I am against this evil CEO! Please vote for me in November! Oh Mr. Bezos, you actually wanted to answer that? Sorry we don't have time for that kind of nonsense."
Murica is weird
You guys clearly don't understand how this works. It's like interrogation. He can't answer simple questions at times with a simple answer. He extends it to make it seem like he's saying something but since there is no answer to the question and theyre on a certain time. They cut him off bcs he's just trying to prevent questions
Eduardo Labra I disagree, it is an interrogation, thusly it has an agenda. which is to try to prove him guilty, they are using tactics such as interrupting in order to prevent a full answer
@@zacgraham3327 it's a smart move to get out the lies and see his body language towards certain question. Notice how bezos is smart as well and won't answer questions correctly. Plus they're on a time limit. Bezos is smart and tried to move on with his plan which is extending his answer. That's the reason they cut him off because there are several questions to be asked/answered. Another example is epstein. Look how they ask him questions and see how uncomfortable he gets and tries to "not understand" certain questions. And see how he plead certain amendments to protect himself from saying the wrong things because he knows he will get caught...
Eduardo Labra I think comparing this to the Epstein case is rather far fetched. He won’t answer the questions “correctly” because the questions are predatory in nature. So as he tries to give more context to the situation they will cut him off because he will be able to show that their narrative is not necessarily built on stable ground.
The reason everybody uses Amazon is because it's the most efficient. I could go to Ebay or Etsy, but why would I?
The amount of time we spend believing we can't is more than enough time to learn how you can.
-my Brain.
I'm definitely stealing this, you are genius.💯
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I am in no way defending Bezos, I think its ridiculous that his company paid zero taxes last year and I do believe they use AWS and other data they they normally wouldnt have access to as a competitive advantage but asking questions for sound bites and not giving a chance to hear a full answer because the answer might just make sense is ridiculous .... these "questionings" are pointless
AWS is cloud, not data and has nothing to do with amazon store. And data analysis to outcompete competitors has been here for ages. Just because someone thought that we can use computers to help with one doesn’t mean it is bad thing.
They are bringing issues to light, and getting a short answer, denial, ignorance, etc. So that they can follow up later. It's just a pre show.
This is the way of the left in politics.
I thought if he could have just given dirrect answers rather than moral lectures like this is bad ,not aware of & all other bullshits.
@O.K until yesterday I thought all of than & now I see him stumbling on every word, it's like Joe Biden in spelling bee.
Congress need to find a real job. What have they really done for the people.
When i saw a news article regarding Stan Lee's death and the title was called "Stan Lee did a lot more than Congress."
I replied "In what sense did Congress even do." 🤔🥱
You right not a damn thang
Literally nothing!
Leave murica dude
You've obviously never been robbed by Amazon. I've worked as a seller there for 6 years. They are definitely abusing their monopoly power. Everything congress says here is true. Bezos is full of BS. That's why they cut him off. Amazon is a bunch of criminals.
Members of Congress: asks complex agenda driven question
Jeff Bezos: tries to answer with any amount of detail and context
Member of congess: interrupts by saying “you’re claiming my time”
Without Bezos I would be so poor lowkey, Amazon FBA was such a blessing
You might be a billionaire without Amazon. Working for Amazon must have stopped you from becoming a CEO.
@@praises1979 Well technically I am the owner of my own line of products, So you could consider me a CEO.
Does he only get 2 seconds to respond?
Spoiler alert!
He has way more than two seconds to respond.
If you ask someone a yes or no question, and they reply with ‘The fundamental mindshare of the verticals dictate that the swim lanes in our granular growth...’
You’d stop that person.
You have way more in common with poor people then you have with Jeff Bezos.
when he leads with I don't remember what else are you expecting
This went on for 6 hours buddy.
He gets more time, Barr only gets 2 seconds.
Truly A WTF Moment!
My eyes are seeing “JAYAPAL”,
my mind is saying “PAYPAL”
Erick_YPR omg 😆
My eyes are seeing "PAYPAL". My mind is saying "Elon Musk."
PAYPAUL
Brand Power!!
@Shreyas Pavan yes bro.. indian name (kerala - Tamil Nadu)
dude congress never lets anyone actually answer their questions lol.
they ask him a question and then if he has a good answer they interrupt him and say “you’re taking all my time i don’t have much time”
Congress is so stupid. Asking all the wrong questions. This hearing did nothing.
I think the fact they used the word "hearing" was rich
or that was the plan all along.
Except for asking for some diapers in some district.
Congressman: Takes 1 minute to ask a question quoting a statement
Bezos: 10 seconds into answering genuinely
Congressman: You're claiming my time
WTF!!
Genuinely is a big word and I don't think he was. Every time he started a sentence, it was full of jargon, buzz words or just dodging.
They say RECLAIMING MY TIME not you're claiming my time. Pay more attention.
Like do they just wanna hear themselves talk? Its clear that they don't care about the CEOs answers so what don't they just read out their accusations in the absence of the tech companies reps
Let the man talk. He’s literally the richest man owning one of the largest companies. Stop interrupting them
So money makes people more deserving of respect. Noted.
He should buy some time to those congressmen, they seem in a rush.
Hey, maybe let him respond instead of cutting him off in the middle of every response.
If he'd provide short and to the point answers yeah but he's not gonna do that so it's a waste of time to let him babble on.
I watched the whole thing. They interrupted constantly because they had really tight timeslots to ask questions which were really just scripted soundbites which they wanted to read out on national TV and score points. They didn't care about the actual answers, so they rush through that part.
This is the most exposure these representatives will likely ever get so they want to make the most of it.
They’re investigating monopoly’s and anti consumer and anti competitor practises. They don’t need to be told the entire business strategy they just want to find out if their information they’ve gathered is correct and if it isn’t. All these companies par-take in anti competitor practises, except for apple for the most part. No one company should have so much user data like Facebook, google and amazon do on their customers.
Brendan Turner but they also did help lots of small business in giving them a way to advertise and sell their products, because it's way harder to start up a real store, and cost way more money and hard work. They helped many people.
That’s what happen when you have thousands of questions from people but have 5mins to ask them.
@@niteshb.2515 you can also think it this way. Right now google is showing the answer to most questions on the result page instead of sending traffic to the pages where they take the answers from.
Also, google is killing most travel small businesses and is serving their own products to the searchers.
Amazon helps a lot of people but if a product does well, then amazon creates their own product and compete with them on THEIR platform.
Leonardo Rodriguez yeah that’s true both the government and these tech companies are greedy
1:47
I hate hearing people say we should regulate Amazon or whatever because Amazon put small businesses out of business. That's like saying we should have regulated Ford motors because they put horse-drawn carriage makers out of business.
Did u base ur profile picture off of this comment.
The thing is that to get that powerful, they previously avoid regulations, so is not free market wihout respecting the rules
Bezels was able to remain patient because even he knows he’s interacting with a bunch of puppet buffoons
He's been PR trained and millions of dollars depend on his performance on this so of course he's careful
It really boggles the mind how incompetent they are. It's almost like the questions and pretty much everything they said was designed for the sake of getting soundbites rather than getting answers.
That Johnson guy was literally just READING a script. Poorly at that. You’re correct, it is mind boggling.
You have a way more in common with poor people than you have with the Jeff Bezos.
Please stop pretending like you’re all on the same team.
Dev JB only thing “loaded” here is guys subpoenaed to be online with retirement & salary “loaded” Congress Members.
@@DevJB I agree, not to mention ALL the money these government agencies piss away on "piracy" that's accomplished nothing. Oh wait! It did accomplish stirring programers to develop BitTorent! 😀
Exactly! They are just doing it for sound bites to push to fake news .... no substance at all...
This Congress hearing is so stupid and childish...
That woman didn’t even listen to Bezos answer and was like oh really, oh really
because that was written on her paper
No offense, but are you from the United States?
The reason I ask is that this is how the system is designed to work.
Then the American system is broken. Literally not a debate at all just Congress people wanting their 5 mintues of fame. She literally has very poor listening skills and didn't even want to hear his response. Just like everything else in America. Loud mouth people who think they know it all. Very dark times for America.
They interrogate him like they might actually do something to him.
Welcome to the greatest 13 minute show on earth. Everyone deserves an Oscar Award. This is all a formality show.
This is like going to the principals office
Congressnan: Mr. Bezos, have you ever killed someone?
Jeff Bezos: Uhhh no I hav---
Congressman: Okay Mr. Bezos, you're taking away from my time. Thank you. I'll take that as a yes.
😂
This guy reminds me of Saitama he works so hard that he lost his hair.
He was balding pretty heavily even when Amazon first launched...
I couldn't even watch past the first 10 seconds. What he said was clear, but that mutant lady heard something completely different. That has to be a scientific thing.
Literally doesn’t even give him time to make a valid argument
Cause he doesn't have one
There is no valid argument.
the whole thing pissed me off because the amount of interruptions
The state doesn’t have any interest and what he has to say they want a piece of his money
@@TechnicalTyler damn you're right. They hate that he's successful. Bad government!
6:06 : "Mr. Bezos, my time is short".. I think she doesn't realise Bezos is the busiest men on earth... 🤣
He's literally going to become the world's first trillionare in a few decades
Well then...you need to see another perspective that everyone under law should be considered same
@@shintaro797 You misspelled Elon Musk but ok.
@@privateinformation118 Bezos will probably beat Elon Musk.
@@privateinformation118 Does Elon Musk control worldwide ecommerce and trade??? No, he owns a successful car company. Big difference.
That Congresswoman in the beginning is simply Amazing! What a clarity of mind.
I get it. It’s so hard to remember all the shady stuff when you can’t even remember how much money you got 🤣
Why do they ask questions if they are not gonna let him complete his answer lol
Prabhu Dhoni they just want sound bites for the news to run with
It's all rhetorical. They already have their answers.
If you have two minutes to ask me a question and get an answer, and your question is did you kill this person?
And my answer is: “I come from a culture where killing is strenuously prohibited and our culture dictates that killing it is to be avoided at all costs. The killing mindset is a very small portion of the mind chair vertical and the… “
You’d be like ‘OK... I’m getting it... please continue...’
That’s how congress wins haha 😂
I love how Bezos doesn't allow them to cut him off
He no man/woman you are gonna hear what I have to say
He’s very humble for a billionaire 🙌🏽
I guess you missed 1:00 - 1:10 ?
He is one of the powerful guy those people in the house are a fly for him
@@swervo2.037 He's a piece of garbage. It's all an act. And he's scared of congress.
Before the big box stores and before Amazon came along customers had tight limits on the length of time they could shop, everybody closed at 6:00 p.m. , you could barely get there after work, then wait till Saturday. You could not make any returns, and sometimes you would lose out being stuck with an expensive item. I also don't recall any of them helping their competitors.
If I was bezzos I would make a CZcams channel and take my time to answer every single question. Then make a lovely statement, "thanking" these lovely ppl
This is absurd they dont give him time to answer he got no chance
Just read this and you’ll feel better:
‘ At Amazon we foster a culture of competition and understand the importance of driving ethical market-driven solutions while simultaneously increasing the corporate mindshare of our partners in all verticals of the platform....
You: WAAAAH! LET HIM SPEAK!!!
Did you know that each questioner has a limit on their time?
Lmao, this went on for 6 hours. Everyone had enough time to answer.
They were yes or no questions. He beat around the bush as expected. Unless Congress asks why or "could you explain this?" Then you need to keep it short. But of course the billionaires won't admit to these things
Watch the full version. They only get five minutes to ask questions.
H W yes or no is simply a ridiculous given answer in business models you cant possibly answer a question with just a yes or no, if you’re looking for a yes or no answer then you must not understand the business
From an outside perspective (being from the UK) - the approach of the congress is absolutely disgusting. Yes, they want to get the right questions in and get answers, but let the man speak.
“ARe StOlen goOdS SoLd oN AmaZon? Really Mr Bezos?” What sort of faaakin question is that? - my guys response was I guess so 🤣🤣🤣🤣🤣🤣
Man... That was a trap.. 😭
In 13 minutes? This is over 13 minutes! ( 😃😂👌😁👍 )
The questions where longer in time than given for an answer. Ask a question, then refuse to hear the answer.
It's simple. Why are you trying to make a long answer. Did you X? Answer: I can't answer that because I don't remember but I can tell you this, I'm a Christian.
Well... That was a waste of time.
Congresswoman: "I don't have so much time to listen to your full explanation"
Bezos:"I'm am the CEO of one of the biggest companys on this planet and I'm taking the time to listen to your questions fully and with no interruption, what makes you think that you have any right to threat me with that much disrespect?"
Not just because he is the richest man, just being an American citizen is enough to deserve respect at a courtroom
@@alexandermaximvm6393 yes of course, just wanted to show how ridiculous her "I have no time for this" sounds when it gets compared to Besoz' standpoint.
Yeah I agree
She has X amount of time to ask as many questions as possible...
@@alexandermaximvm6393 a person as powerful as Bezos "he cares not who makes laws" just how the elite don't cares who becomes president. All puppets
For the people wondering why they’re cutting him off: because he’s lying. Amazon needs to grow or it will collapse (those who know how the company is structured know why this is so). Either collapse to the point or just a marketplace as Jeff said the 30 year period, or continue entering new industries by undercutting and keeping necessary pillars there eg. Logistics and pricing. So he talks about what is true customers etc but will not and cannot talk about competing with its own customers which 100% does or unfair practices against other companies. There’s an inherent conflict between the congress and investors, and you guys expect him to be honest lol. Cool guy but lying and they know
This is true. Amazon "barely" makes profit because they invest it into other ventures to keep the growth going.
null char yeah I mean either they pay tax or allocate towards R&D which is entering new markets
I’m sorry, I need to move on I am limited on time!
Me: Well then why did you ask me a damn question that I need 5 minutes to answer!
congress is so damn rude cut off Bezos's question almost everytime.lmao
lmao look at the ones questioning him jeff deserves better
After "you're claiming my time" its clear they just want to bash him and not hear the man
Because he might give an answer that not align with their agenda. No interest in actually hearing facts.
All I'm thinking right now is how to make money online if anybody have ideas please tell me ....
Investing in crypto now is very cool especially with the current rise in the market now
People are scared of investing because of high rate of scam in the business
Making them to remain poor out of ignorance
There are scammers but are real brokers waiting for investors out there
Yes you are right
Thanks for introducing me to expert Mrs Linda Fx
9:00
Jay Z's grandpa needs to chill out
I would like to say that Amazon really made my life much easier; Thanks JB.
Ikr, people don't give him enough credit for helping the economy alive in Covid-19
I feel like this is a bit ridiculous. Not the subject at hand but the fact that they are doing this virtually (for obvious reasons) but I feel like Bezos can barely get a word in due to the lag of video
Same. I quit after 3:33 because that lag just created the largest soap box on the other side.
I'd be very interested in the same call and response,. with an even playing field.
Not that I love Amazon. Just saying.
They have a short time to ask and he just make his answers long. Skip polite and proper and answer precisely and fast. He should know these question we’re gonna be ask. And he should be light speed to answer. At least that’s what is expected from the richest MF on hearth.
You you need a hobby.
The fact is that lower taxes on corporations lead to greater overall poverty, greater debt, greater mortality, greater teen pregnancy, greater crime, lower educational outcomes...
But you already know that .
If you want lower taxes move to Somalia
Why do you think all of these tech companies are headquartered in Democratic states?
Where is the new candy shop? I love the Tamarind candies on Amazon.
The only thing money can't do is get you out of such situations
Congresswoman: Mr. Bezos what do bla bla bla bla bla bla bla?
Jeff Bezos: Well I think...
Congresswoman: (interrupts) Thank you Mr. Bezos.
It's like they only cared about Question they ask. Doesn't matter what the answer is.
Do you really expect a straightforward answer from him?
@@PatTheBatmanFan it's not a question about their answer. the point is they should have been given time.
How is he so calm?!?
That thumbnail though 😂😂
Between the google, fb, and amazon this one has been the most savage. I’m surprised bezos doesn’t snap. Can I talk? CAN 👏 I 👏 TALK 👏
If he is fighting back.
He will lose his personal image.
The reason he is not fighting back is cus he dont need to .
He have 200B US dollars net worth already.
Don't worry I snapped for him. What they do not realize is the people, Rep, Dem, Ind all love google, fb and amazon.
he still has to maintain a professional image
whenever i see congress grill tech CEOs it makes me like Tech CEOs more and congress less
Corporate America owns the Congress, this is theater.
Break Amazon up already. It is clearly a monopoly. I mean they can break up AT&T, prevent other mergers and acquisitions, and force companies out of business but when it comes to tech OH NO HANDS OFF!
It is only right.
@@Meowmeow.age.6 Have they broken anything up in the recent past? I've only heard of them doing that with oil companies in the first half of the past century (I may be wrong on the date)
Exactly the government is more greedy for money then the tech companies there taxing way too much
James Love government itself is a monopoly
Can India launch a similar commitee under competition act for Companies like Reliance ?
4:35 - "Amazine" lol
Congress in a hurry mode thus the interview doesn’t served the purpose. Fast talk happened there and zero meaningful answers to the prejudged questions .
Exactly
“You’re taking my time mr bezos.... “ needs 10x longer himself time to Phrase the question.
"You're taking my time"
> Talking to the guy with the most expensive time on the planet.
So cringe.
Ya idiot it's called clips for a reason.
I would want to be like let me speak or I’m gonna leave
Now I know why most businesses don't want to be as big as Amazon. It's too much headache...
The irony is the congressman themselves are using Apple Watch.
Hurr durr he’s using a product of capitalism under capitalism! Shocker!
Jeff Bezos creates the Apple Watch?
I did not know that.
You sound really smart!
CW - Mr Bezos do u even lift?
JB - aah well
CW - thank you thank you
JB - :/
Ms Jayapal wears an Apple Watch... while scrutinising Jeff Bezos, the CEO of Amazon, in a hearing for 4 companies, which includes Apple as well!
I like the way he answers seems less robotic than Mark Zuckerberg