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Amazon Executive Says Company Welcomes Scrutiny of Big Tech

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One of Amazon.com’s top executives on Wednesday responded to reported information gathering by US antitrust enforcers and to calls by some critics to break up the company with a simple message: we welcome any review.

“Substantial entities in the economy deserve scrutiny, and our job is to build the kind of company that passes that scrutiny,” Jeff Wilke, the CEO of Amazon’s consumer business, said at a press conference in Las Vegas.

A report by news site Vox on Tuesday said the US Federal Trade Commission was questioning Amazon’s competitors about the company, an example of growing scrutiny of the technology sector in Washington.

According to the report, the questioning regarded Amazon’s fulfilment service pricing, competition with third-party merchants selling through its website and the bundling of services in Amazon’s Prime loyalty program.

The US executive branch is gearing up for probes of Amazon, Apple, Facebook, and Alphabet’s Google, setting up what could be a wide-ranging and unprecedented investigation into some of the world’s most valuable companies, sources recently said.

Tech executives will be asked to testify as to whether their companies have misused their market power, too.

Amazon’s consumer CEO Wilke followed an approach to scrutiny taken by other executives. His boss, Amazon’s founder and CEO Jeff Bezos, has made similar comments, and Apple’s CEO Tim Cook said that huge companies deserved oversight, in an interview aired recently by CBS News.

“With size, I think scrutiny is fair. I think we should be scrutinised,” he said. But, he added, “I don’t think anybody reasonable is gonna come to the conclusion that Apple’s a monopoly.”

© Thomson Reuters 2019

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TCL 8K 6 Series TV pricing is here, and we can’t quite believe it

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TCL has priced up its 8K TVs, and if you assumed the step up from 4K would break the bank then you might be in for a pleasant surprise. The company announced its 8K 6 Series sets back at CES 2021 in January, but has now bucked the big TV trends by kicking off pricing at just $2,199.99. That gets … Continue reading

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Samsung Galaxy Z Flip 3 pictures leak all before release date

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The next major release from Samsung in the foldables department leaked in press images this week. The Samsung Galaxy Z Flip 3, the third iteration of the clamshell foldable smartphone (with foldable display), appeared in imagery that shows the machine front, back, side-to-side, and both open and shut. This is one of at least two smart devices that’ll likely launch … Continue reading

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Microsoft’s idea for a new Surface Book leaves MacBook Pro looking dull

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Microsoft’s new Surface could adopt a very different screen hinge design, with newly-spotted patents suggesting the company is flirting with an iPad Pro-style floating hinge. Currently, the Surface Book has a detachable screen – which pulls away from the keyboard to form a standalone tablet – while the Surface Laptop adopts a more traditional notebook form-factor. Then there’s the Surface … Continue reading

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