Watch Amazon CEO Jeff Bezos' opening testimony to Congress

The CEOs from four of the largest tech companies are testifying in front of the House Judiciary subcommittee on antitrust Wednesday. Subscribe to CNBC PRO for access to investor and analyst insights on Amazon and more: https://cnb.cx/3dIH56N

Amazon CEO Jeff Bezos appears to be making his own playbook in his first congressional testimony.

Bezos, the only CEO of the four who has never previously testified before Congress, has taken a different approach from his peers so far in the hearing, which went into recess beginning around 4:25 p.m. Eastern Time.

While the other CEOs tend to deny some issues raised by lawmakers or object to their framing, Bezos instead has responded with surprise and concern to allegations made about Amazon by competitors interviewed by the panel and documents it’s obtained.

When Rep. Lucy McBath, D-Ga., presented Bezos with a recording of a former Amazon seller who claimed she was removed from the platform without explanation, Bezos said the anecdote “surprised him” and that he wanted to talk to the former seller who shared her story with the committee. McBath said that was missing the point of a larger problem, though Bezos said he did not believe it was systemic.

Later, when Rep. Hank Johnson, D-Ga., brought up the testimony from the CEO of PopSockets at a January hearing. Johnson recounted that the executive alleged Amazon used counterfeit versions of PopSockets on the site as “leverage” and only cracked down on the counterfeits after the company committed to hefty advertising spend.

“That’s unacceptable,” Bezos responded. “If those are the facts and if someone somewhere inside Amazon said buy X dollars in ads and then we’ll help you with our counterfeit problem, that’s unacceptable.”

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100+ comentarios:

Jonathan Tristan
Jonathan Tristan:
People hate on Bezos but I don't see them complaining when they get their package next day or in 30 mins.
Gabriel tonini
Gabriel tonini:
15.1% of america's gdp right there on the little zoom call...
Hi Jack
Hi Jack:
Marvel: Infinity War is gonna be the biggest crossover in history

US Congress:
Kurt S
Kurt S:
I don’t think I’ve ever heard Bezos talk because I was not expecting this voice.
John Walker
John Walker:
2:45 this part is funny, he talks about the market and they put their stocks on the screen
Pyung Lee
Pyung Lee:
Here's the richest man of our times telling us how to be successful: "Customer obsession has driven our success and I take it as an article of faith that customers notice when you do the right thing. You earn trust slowly, over time, by doing hard things well. Delivering on time, offering everyday low prices, making promises and keeping them and making principled decisions even when they are unpopular. And our approach is working." I hope we can apply this principle to our everyday lives and we can leave our children a better world for them.
David Dez
David Dez:
Jeff, if you see this... I'm your son, it's me, remember that one night stand you had on October 23th, in 1990 ? that was my mum and you're my papa, I don't want your $ i just want a rotisserie chicken from Costco
Dyn
Dyn:
Dont think i've ever heard Jeff Bezos voice but i was not expecting him to sound like Hank from Breaking Bad
V Μ
V Μ:
jeff bezos makes Saitama's theory correct,in order to become the most powerful you will lose all your hair XD
latieraqueen87 Pacheco
latieraqueen87 Pacheco:
He looks like Lex Luther today. We see you Mr Bezo. Well, played ;)
apostolos viol
apostolos viol:
Ok now that’s was a really good speech, you all have to admit that!
John M. Castillo
John M. Castillo:
Interesting those figures on retail when AWS and licensing and ads is also part of the market share equation.
renz granad
renz granad:
Literally one my favorite origin Stories! Can’t believe that about his mom. It was so ok when two girls did the same thing when I graduated!
Marrow
Marrow:
Bezos is the G.O.A.T.
Corinne
Corinne:
Wow! Jeff Bezos seems like a real nice human being. Love his first statement giving honor to his parents.
impromptu
impromptu:
His closest friends say he broke his limiter while working in his garage just eating a banana a day and with no air conditioner. That’s also how he lost his hair...
EmjayHQ
EmjayHQ:
this is lame, put it on the big screen. so your speicial interest doesn't go down
SevenDeMagnus
SevenDeMagnus:
They are so powerful at 1.5 trillion market cap. They can do anything.
Nedwin L.H.
Nedwin L.H.:
I don't know what is happening. I just like to see the living legends are there on the screen together. Awesome.
Chevy Chase
Chevy Chase:
Whoever setup this feed should be fired. They did a horrible job.
Jo Hannes
Jo Hannes:
He’s trying to seduce them with his “rags to riches” story. And they’re probably buying it
David Walker
David Walker:
2500% stock increase in 10 years... my gosh
_yo.Kikee
_yo.Kikee:
I love how woke people are ! God bless y’all all 🇺🇸
Beef Rockmore
Beef Rockmore:
Wonder what he uses to shave his head.
Assortment App
Assortment App:
what software is this, Microsoft teams? haha
AbsoluteRagee
AbsoluteRagee:
idk why jeff bezos is testifying but imma watch while i eat my dino nugs and drink my choccy milk
Lauren Hall
Lauren Hall:
I saw part of it, it seemed to me Jeff Bezos was very patient and gracious. He was being asked alot of questions I can't tell you how many times the congress men/women cut him off mid stream completely over talking and interrupting him. How do they expect anyone to answer when they ask a question and don't really allow him to speak. Odd and weird meeting. Painful to watch and uncalled for! He was alot nicer than I would have been.
alqamarAynaka
alqamarAynaka:
¡Bien hecho Jeff!.
You are a Knight Warrior. My Respect to You🙏💝💜.
Tristan Lalor
Tristan Lalor:
Did Jeff Bezos just say income inequality? Hard to hear when he’s talking out of his left nostril.
JEYBiTCOiN- BRONX CRYPTO
JEYBiTCOiN- BRONX CRYPTO:
I'm gonna fomo my pension ...before the feds depreciate it ....
Edwin Vargas
Edwin Vargas:
idk how any of them keep a straight face lmao
Posi P
Posi P:
Why is Bezos reading hearsay into the record?
Nate
Nate:
These people and a few others made the biggest changes in our time.
Remco Tensen
Remco Tensen:
It's quite the achievement to describe Amazon's history and not mention venture capital once.
Jerry Esque
Jerry Esque:
Just stop using Amazon people 🤷‍♂️
Otherwise, you making him this powerful. What else he gonna do
babycake2020
babycake2020:
Wow he's so smart. Only if he was smart enough to dump that gfriend who uses him. His wife is everything; true and pure
Biscuit82
Biscuit82:
This guy rocks 👍🏼
javonpryce
javonpryce:
Boom! This is powerful
DhowTo
DhowTo:
Interesting. wow!
Elizabeth Maldonado
Elizabeth Maldonado:
Amazon been counterfeiting for a long while now & 3rd party sellers & Jeff bozo is out to rob consumers.l Stopped buying from them.no better then the politicians crooks shameful
Shawn Cicalese
Shawn Cicalese:
Great speech, say what you want about Jeff Bezos hard work and Success got him to where he IS not a trust fund
The Wonder Squad
The Wonder Squad:
You should look for a youtuber called CM topdog, he does stuff for a crypto currency called Zilliqa its gonna be massive...
Blahblahblahblahblah
Blahblahblahblahblah:
80% of stats are made up
Assortment App
Assortment App:
always day one!!
J wayne
J wayne:
Dr evil fools dum congress once again!!!
Liam Gerald
Liam Gerald:
Lock all these puppets up and throw away the key
Pirate91
Pirate91:
I've started comparing prices on Amazon to prices of products if I just order from companies directly. Amazon is much more expensive....and I'm paying $120 per year (which you know will go up soon). Rip Off!
Jazzy smithers
Jazzy smithers:
🥰👍❤️
Delfino Garza
Delfino Garza:
Wow, that's kinda cool.
eb nee
eb nee:
HA HA HA HA HA HA HA HA HA HA HA HA HA HAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAAAAAAHHHHHHHH!!!!!!!!!!! 🤡
Ngoc Nguyen
Ngoc Nguyen:
Haha his voice sounds different
Mauzzam Foody
Mauzzam Foody:
What meeting application they used to discuss. It's look like cheap... Developer should be fired asap
W Thomas
W Thomas:
How much money did the CIA give to amazo
Daniel Argueta
Daniel Argueta:
Respect.
DAIAN LAUDIC
DAIAN LAUDIC:
Isaiah 5:20
Woe to them that call evil good, and good evil; that put darkness for light, and light for darkness; that put bitter for sweet, and sweet for bitter...

2 Timothy 3. BUT KNOW THIS THAT IN THE LAST DAYS PERILOUS TIMES WILL COME: FOR MEN WILL LOVERS OF THEMSELVES, LOVERS OF MONEY, BOASTERS, PROUD, BLASPHEMERS, DISOBEDIENT TO PARENTS, UNTHANKFUL, LOVERS OF PLEASURE, UNLOVING, UNHOLY, SLANDERERS, UNFORGIVING, WITHOUT SELF-CONTROL, BRUTAL, TRAITORS, DESPISERS OF GOOD, HAUGHTY, HEADSTRONG AND FROM SUCH PEOPLE TURN AWAY!. Job 5:2-3. FOR WRATH KILLETH THE FOOLISH MAN, AND ENVY SLAYETH THE SILLY ONE. I HAVE SEEN THE FOOLISH TAKING ROOT: BUT SUDDENLY I CURSED HIS HABITATION. Nahum 1:2. GOD IS JEALOUS, AND THE LORD REVENGETH; THE LORD REVENGETH, AND IS FURIOUS; THE LORD WILL TAKE VENGEANCE ON HIS ADVERSARIES, AND HE RESERVETH WRATH FOR HIS ENEMIES!.

THE WRATH OF GOD ALMIGHTY IS COMING...THE JUDGEMENT IS COMING TO THE WHOLE WORLD  THAT MAKE INJUSTICE!!!!!!..
rajastylez
rajastylez:
He sounds so inauthentic lol.
Rednovs
Rednovs:
Jeff might be an alright guy but his business is shady.
Samuel Yirgalam
Samuel Yirgalam:
Hering Jeff bezos talk about income inequality being one of the big issues we face in society is the funniest thing I’ve heard this year , especially coming from him
Jack Black
Jack Black:
Jeff I respect your vision , you are my hero. In fact you all guys are my heroes.
dab's
dab's:
Bezos looks more villian than any other villian i ve ever seen.
Evraam Gorgy
Evraam Gorgy:
2:40. Did he say Walmart is more than twice Amazon’s size? In what exactly? Amazon is like 4 times Walmart’s market cap!
Diego Garduño
Diego Garduño:
Really great speech.
Daniel
Daniel:
What books are in Jeffs office?
gremlin coco
gremlin coco:
Why the sloppy choppy video quality with trillions of dollars between them lol
Tim H.
Tim H.:
Hearing Bezos even say the words "income inequality" makes me feel dirty.
Whatsapp Videos and GIF's
Whatsapp Videos and GIF's:
Why is Agent 47 speaking?
Chris G
Chris G:
wow... quite impressive. Instead of bringing him before congress, they should be giving him our nations thanks and awarding a medal.
Isaac Paul Mendes Graf
Isaac Paul Mendes Graf:
👍🏻🇺🇸
Bughatii Lovren
Bughatii Lovren:
I finally share something with Jeff we were both conceived while our Mums still in school 🏫 and raised by grand parents . You don’t have to be in a perfect 👌 environment to succeed
Novae Terrae
Novae Terrae:
Congress was just itching to interrupt him and ask questions lol
Gaurav jain
Gaurav jain:
👏A Quintessential American story 👍
Lom Se
Lom Se:
Inspiring...
Paul Gibson
Paul Gibson:
I think they used Apple Software to stream this video - came complete with questions for Bezos, Zuckerberg and Pichai.  Downloadable for free at the App Store.
Mihir Patel
Mihir Patel:
Ok 👌 Guy is a self made man.
Whiskey Tango
Whiskey Tango:
Doctor Evil, one trillion dollars
breedlove0
breedlove0:
Bozo the clown appears huuuuuha
Rita Lesclle
Rita Lesclle:
That doesn’t looks like Jeff
Max Laguna
Max Laguna:
Dr Evil from Austin Powers? Lex Luther from Superman? , or Mr. Burns: "Excellent"? Pick your Choice.
Oliver Haraldsson
Oliver Haraldsson:
Send them to jail
Power Privilege
Power Privilege:
Amazon colludes with cheap Chinese counterfeit production - knocking out American products.
Alan Malcheski
Alan Malcheski:
Lol Does he even need a super villain name? Bezos. Like Thanos but skinny and weak.
boi magno
boi magno:
Não entendo nada afff
Johnny Padilla
Johnny Padilla:
https://www.youtube.com/watch?v=jWbDsycppx4
okram facebook
okram facebook:
https://youtu.be/55M6SNUb9DY
Marrow
Marrow:
His power level....IT'S OVER 9000!
sis jones
sis jones:
Bhaaa bhaaaa bhaaa. We allll had a hard life. Nothing new
Adam Clarke
Adam Clarke:
https://www.breitbart.com/tech/2019/10/14/whistleblower-google-is-developing-ai-for-planetary-surveillance/
Gavin Butler
Gavin Butler:
These "people" make me sick
poundingmillet
poundingmillet:
WTF? @ 4:29 -> "Still, with all our faults and problems, the RATS of the world..."
Angel Matos
Angel Matos:
A classic example of an inspiring past not meshing with a challenging present.
MAXIMUS
MAXIMUS:
I love Amazon. Haters will always hate.
Handmade Girl
Handmade Girl:
Amazon demonstrate a racists approach targeting successful Eastern-European sellers and blocking their businesses.
MARILYNANDERSON88
MARILYNANDERSON88:
Stellar!
Maxime Laville
Maxime Laville:
He does help society in a way that few can. Maybe we're underestimating what he does, I just wish he'd take the giving pledge like Bill gates, noone needs that much money. He could end homelessness in the USA but whatever..
John star
John star:
Yes we love amazon here in Canada.
Crypto God
Crypto God:
Monopoly ... all closure, food court closure.... everything made in china... everything sold by one guy
Sa, S
Sa, S:
Why am I listening to his life story of how he got to be where he is. It has nothing to do with the crimes in which he has committed. Jeff Bezos, has destroyed companies, stolen technology, committed tax fraud, and is monopolizing markets. I love the spiel on how he has done so much for his employees..... They are under paid overworked. In 2018 a study found that 10% of amazon warehouse workers sustained serious injuries. Which is twice the national average. He doesn't care about the people that work for him. I hope that they shut amazon and other big tech companies down. They have been monopolizing markets for way to long.
steve mean
steve mean:
How much taxes are these guy's paying?
Juliano Bambini
Juliano Bambini:
I have been an Amazon Prime customer for a few months and I am already disappointed, on 07/28/2020, after several purchases on the website through the application, I bought an Asus Zenmbokk 14 "notebook in the amount of R $ 8,131.00, I paid with the registered card that you have a limit of 5 x this amount and the payment request was not met, by the way, nor was the payment request sent, to my surprise and disappointment after a few hours of purchase, a person called me on my cell phone indicating that he was from Seatle Us, asking if I had made this purchase and confirmed it immediately, much to my disappointment when I went to track the order in which my account was blocked and there was a message for me to attach a proof of invoice containing the last 4 digits of my card and other information , the dilemma started in the app every time it filled in all the data requested when sending an "unexpected error occurred" message in the app closes, they sent an email with threats if I don't send the receipt of the message my account would be closed, I performed the same process and sent the information, the email returned with the message that it cannot be sent, that was after I repeated this process more than 30 times, until I received a new threat that my account would be closed, I called customer service more than 5 times everyone was very helpful and attentive, but they couldn't do anything, they sent me a new email "[email protected]" so I could send all the documentation again, but until the moment I write this letter with all my indignation, frustration and shame that the company is causing me, my account remains blocked. Doesn't a company the size of the Amazon have someone who can solve this, or will it grow too much and get lost along the way?
Esmeralda Vizo
Esmeralda Vizo:
Who told Bezo ro present us w/ Lex Luthor..lmao