Amazon CEO Jeff Bezos will appear before Congress for the first time on Wednesday in a "virtual testimony" meeting, and will participate along with CEOs from Google, Apple and Facebook. The inquiry is
the culmination of 12 months of work by
a Congressional subcommittee on whether the companies operate on a level playing field. eMarketer estimates that Amazon holds about 38% of online
retail sales. Lawmakers have been scrutinizing the company’s competitive behavior as critics have questioned whether some of Amazon’s practices put its own
interests ahead of customers.
Read the whole story at Wall Street Journal »
