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Amazon is trying to soften its image as regulatory scrutiny of Big Tech grows

Amazon is trying to soften its image as regulatory scrutiny of Big Tech grows

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/14/amazon-is-trying-to-soften-its-image-as-regulatory-scrutiny-grows.html

Amazon's relentless pursuit of growth in retail, cloud computing, advertising and consumer devices has put the company squarely in the sights of Washington lawmakers who are concerned about Big Tech's growing influence over consumers. But rather than fiercely fighting every battle, Amazon looks like its ready to play nice.

In March, Amazon dropped a policy that prevented merchants from offering lower prices on other websites following an investigation request by Sen. Richard Blumenthal (D-Conn.). Last month, the company scaled back some of its most aggressive promotion tactics after Sen. Elizabeth Warren (D-Mass.) called out abusive business practices. And late last year Amazon raised its minimum wage to $15 following criticism of the company's working conditions by Sen. Bernie Sanders (D-VT).

Amazon is trying to soften its image as regulatory scrutiny of Big Tech grows

Apr 14, 2019, 3:15pm UTC
https://www.cnbc.com/2019/04/14/amazon-is-trying-to-soften-its-image-as-regulatory-scrutiny-grows.html > Amazon's relentless pursuit of growth in retail, cloud computing, advertising and consumer devices has put the company squarely in the sights of Washington lawmakers who are concerned about Big Tech's growing influence over consumers. But rather than fiercely fighting every battle, Amazon looks like its ready to play nice. > In March, Amazon dropped a policy that prevented merchants from offering lower prices on other websites following an investigation request by Sen. Richard Blumenthal (D-Conn.). Last month, the company scaled back some of its most aggressive promotion tactics after Sen. Elizabeth Warren (D-Mass.) called out abusive business practices. And late last year Amazon raised its minimum wage to $15 following criticism of the company's working conditions by Sen. Bernie Sanders (D-VT).