A member of a House subcommittee wondered why thecompany couldn’t rightfully be accused of a “structural conflict of interest” in negotiating terms as a video gatekeeper and a video competitor to the new streaming service.
“Here’s why I pursue it, precisely because it is a large company and in a way they stand in for hundreds of thousands of much smaller companies who are even in a more disadvantageous position with respect to negotiating with you.
“You can see at least to outsiders that would look like a structural conflict of interest, like you’re using your control over access to people’s living rooms essentially, you’re using that in order to obtain leverage in terms of getting creative content that you want. And are you essentially converting power in one domain into power in another domain where it does not belong?”
WarnerMedia parent AT&T launched HBO Max in late May and it remais in a distribution standoff with Amazon Fire TV. AT&T CEO John Stankey charged on a earnings call this week that the tech giant is treating HBO Max differently than it does other third-party services.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeff Bezos will testify about how Amazon is the quintessential American companyThe Amazon CEO will tell lawmakers Amazon is great for small businesses, customers and its investors. How makes all the money and doesn’t give a shit about his workers? No, It's a monopoly and needs to be broken up. Oh really, made in China Besos...
Source: CNBC - 🏆 12. / 72 Read more »
Amazon releases CEO Jeff Bezos' remarks ahead of antitrust hearing - Business InsiderJeff Bezos will tell Congress that Amazon's size is a good thing, and that it faces plenty of competition from rivals like Walmart: 'Just like the world needs small companies, it also needs large ones' Bezos is right, but the issue is how to protect/encourage and make competitive small businesses in order to compete with those two behemoths? he has too much power Break them up, next the banks 🏦
Source: BusinessInsider - 🏆 729. / 51 Read more »
Jeff Bezos says Amazon may have violated its own seller data policies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Weird. I can guarantee it has.
Source: BusinessInsider - 🏆 729. / 51 Read more »
MacKenzie Scott donates $1.7 billion of her wealth since split with Jeff Bezos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Okay? Spread the wealth How about lead with her name? A billionaire giving away her fortune should be enough of a signifier. Misogyny never ends.
Source: BusinessInsider - 🏆 729. / 51 Read more »