wordpress blog stats
Connect with us

Hi, what are you looking for?

Jeff Bezos letter to shareholders: Pushback against regulation of Big Tech; cites third-party profits

Amazon CEO Jeff Bezos has, in a letter to shareholders, spoken at length on the benefits of the company for their partner sellers, as well as for the market at large. He cites third party profits and setting standards in labour practices as the positive results of Amazon's policies. Parts of the the letter are also seen as a response to US Senator Elizabeth Warren's post on the need to "break up Amazon, Google, and Facebook". Amazon's success and market health Bezos extolled the fortunes of third-party sellers on the platform, citing a 50% growth rate of non-Amazon products sold through the platform over the past two decades. This beats the growth of the company's own products on its platform, cited at about 25%. Bezos uses this to argue that the company's services do more to create value for third…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

News

Existing consumer protection regulations are not sufficient to cover the extent of protection that a crypto-investor would require.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ