Jeff Bezos On Breaking Up And Regulating Amazon

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Amazon CEO Jeff Bezos and Axel Springer CEO Mathias Döpfner discuss the need to regulate large tech companies, the possibility of breaking up Amazon, and the importance of scrutinizing big institutions. Business Insider tells you all you need to know about business, finance, tech, science, retail, and more. Subscribe to our channel and visit us at: http://www.businessinsider.com/ BI on Facebook: https://www.facebook.com/businessinsider/ BI on Instagram: https://www.instagram.com/businessinsider/ BI on Twitter: https://twitter.com/businessinsider -------------------------------------------------- Following is a transcript of the video: Döpfner: But, your most prominent critic at the moment is the President of the United States. People are even saying that he may be willing to prepare initiatives to break up Amazon, because it's too big, it's too successful, it's too dominant in too many sectors, or for varied other reasons, including the fact that he doesn't like the "Post". Is this break up scenario something that you take seriously, or do you think it's just a fantasy? Bezos: For me again, this is one of those things where I focus on and ask our teams to focus on what we can control, and I expect - whether it's the current US administration or any other government agency around the world - Amazon is now a large corporation and I expect us to be scrutinized. We should be scrutinized. I think all large institutions should be scrutinized and examined. It's reasonable. And

Published 2018-05-02 · Watch on YouTube ↗
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