Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe
Data, that amazon does not use that data for its own benefit, and im now hearing you say, well, youre not so sure thats going on. And the issue that were concerned with here is very simple. You have access to data that far exceeds the sellers on your platforms with whom you compete. You can track consumer habits, interests, even what consumers clicked on but didnt buy. You have access to entirety of sellers pricing and inventory information past, present and future, and you dictate the participation of thirdparty sellers on your platform. So you can set the rules of the game for your competitors but not actually follow those same rules for yourself. Do you think thats fair to the mom and pop thirdparty businesses who are trying to sell on your platform . I appreciate that question, and i like it a lot because i really want a chance to address that. I am are proud of what weve done for thirdparty sellers on this platform. We started our thirdparty platform 20 years ago, and we had zero
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus were seeing that again. You saw that during the lockdown when we got cases way down you saw the economy reopening. You saw spending go up and hiring go up now that the cases have spiked again. Again, the early data, highfrequency data suggests that theres a slower pace of growth at least for now. We dont know how deep or how long that will be. Its such an important sentence, we just decided that it needed to be in our post meeting statement. Its so fundame
The airplane, symbol of our mastery of the skies, is expanding oceans and continents in ever dwindling hours, bringing hope to people of the world, new horizons to industry, and new careers to youth. For air transportation has proved itself a vital factor in the social and economic of modern civilization. It is a rapidly expanding industry, and industry employing thousands of persons. Aireep each airliner in the today, over 100 workers are needed on the ground. Many of these are engaged in office work. The Reservations Department comprises a specialized group. It is here that rates, reservations, are communicated directly to the public by telephone. But requiresesting tact and a pleasant, well modulated voice. Another reservations a job is at the ticket counter. Here duties include the actual issuing of tickets through direct personal contact with the public. As in many departments, the work is handled in shifts for aroundtheclock service characterizes the industry. The welfare of the
Symbol of oure, mastery of disguise, is standing oceans and continents in ever dwindling hours, bringing new hope to the people of the world, new horizons to the industry, and new careers to youth. For air transportation has proved itself a vital factor in the social and Economic Life of modern civilization. It is a rapidly expanding industry embracing many trades and professions, an industry employing thousands of persons. To keep each airliner in the air, over 100 workers are needed on the ground. Many of these are engaged in office work. Of this number, the Reservations Department comprises a specialized group. It is here that flight schedules, rates, reservations, and related subjects are communicated to the public by telephone. The work is interesting but requires tact, sales ability, and a pleasant, well modulated voice. Another reservations job is at the ticket counter. Here the duties include the actual issuing of tickets through direct personal contact with the public. As in m