Amazon Head Agreed with the Need for Inspections by the US Authorities
OREANDA-NEWS. The head of the American corporation Amazon, Jeff Bezos, agreed that the US authorities should regularly conduct checks in the company.
This was reported in the blog of Amazon, where the text of Bezos’s speech was published. He plans to speak on July 29 to the Subcommittee on Antitrust, Competition Policy and Consumer Rights of the US House Committee on the Judiciary.
According to the businessman, it is necessary to conduct thorough checks in all large institutions, including companies and non-governmental organizations. At the same time, Bezos noted that the duty of companies is to show good results during inspections.
In addition, the text of speech draws attention to the fact that Amazon has invested 270 billion dollars in the US economy over the past decade. The entrepreneur stressed that Amazon accounts for less than 1 % of the global retail market, which he estimates at 25 trillion dollars, and less than 4 % of retail sales in the United States. Bezos added that the world needs not only small companies, but large also.