Founder and CEO of Amazon Jeff Bezos seemed not to have been bothered by this attention at a corporate conference in Las Vegas on Thursday. He added that big business bets on new businesses will go even further.
"We can not do things that, if they work, will be small," said Bezos, in conversation with Amazon's forecast director, Jenny Freshwater. "We have to do things where, if they work, they need to be able to move the needle for us."
Bezos cited a recently disclosed company in the satellite internet access called Kuiper Project as an example of the magnitude of future projects, suggesting that he plans to see the vast empire of society expand considerably. "It's a very good deal for Amazon because it represents billions of dollars in capital expenditure that only a few companies can handle," he said.
Bezos said that Amazon's future satellites would offer broadband over the entire surface of the Earth and have a global customer base. His remarks were briefly interrupted by a protest from a group accusing the retailer of sourcing chicken meat from farms that keep the animals in inhumane conditions.
Bezos did not discuss the issues raised by lawmakers and regulators as to whether Amazon was using its trading powers and its financial power unfairly. In addition to a possible investigation by the FTC, regulators of the European Union weigh the opportunity to open a full investigation on the company.
The Democratic presidential candidate, Elizabeth Warren, says that Amazon and some other leading companies such as Facebook and Google should be up to it. US Representative David Cicilline (D-Rhode Island), who chairs the antitrust subcommittee of the House Judiciary Committee, hired Lina Khan, who wrote Yale Law Journal paper arguing that antitrust standards need to be reworked to reduce the size of the business.
Amazon's dominance in online retail draws attention to its business practices. According to analyst eMarketer, the company accounts for about half of the retail market in the United States, but its share in retail sales is much lower.
In the United States, many online sellers rely on the Amazon platform that allows third parties to sell via its site. But the company is also competing with them by launching its own branded products. The resulting controls have a significant effect on which products and at what price.
Bezos did not make direct reference to Amazon's recent discussion as an antitrust target on Thursday. The day before, Jeff Wilke, who runs all of Amazon's retail and logistics activities, seemed indifferent.
"We believe that the most important entities of the economy deserve careful scrutiny and our work
is to build the kind of company that passes this exam with flying colors, "he said at a press briefing.Wilke said they had long been creating their own brands that rivaled those of others and that no Amazon user was allowed to access private data to launch such products.
Bezos and Wilke spoke at a four-day Amazon event in Las Vegas called Re: MARS. The company and some external contractors and academics have presented work in robotics, machine learning and spaceflight.
Amazon used the conference to announce the upgrades of her vocal assistant Alexa conversational skillsand one design for a new drone the company says that it will begin to deliver parcels to some customers within a few months.
Bezos also spoke about his second company, Blue Origin, which announced that it would take its first passengers into space this year, and plan to make a longer-term landing on the moon. When I was asked if Amazon would ever have a treatment center on Earth's mate, I thought about it. "We will start providing liquid hydrogen and oxygen," he said, perhaps jokingly. "It will be a small selection, but a very important one."
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. (tagsToTranslate) Amazon (t) jeff bezos (t) Antitrust</pre></pre>