Musk called for breaking the monopoly of Amazon

[ad_1]

Tesla and SpaceX founder said monopoly is wrong

Photo courtesy: Bloomberg

Elon Musk, who is often criticized for his Twitter posts, again discussed it warmly. In a post, the founders of Tesla and SpaceX called e-commerce giant Amazon “a monopoly” and called for destroying the brainchild of Jeff Bezos.

“It is time to waste Amazon. Monopoly is wrong. Jeff Bezos, this is crazy, ”Musk wrote. A tweet was posted as a response from another user who complained that Amazon refused to sell its book on Coronovirus.

It is worth noting that the rivalry between Elon Musk and Jeff Bezos has a long history. Both businessmen started investing in the space race around the same time. Blue Origin Bezos was founded in 2000, three years after Amazon’s IPO, which made Bezos a billionaire. SpaceX appeared two years later – soon after its first major PayPal project went on sale by Mask. They don’t talk about Blue Origin very often – Bezos himself chose this strategy, following the principle of “step by step”. SpaceX, by contrast, is one of the top newsmakers. Also take recent success – SpaceX was the first private company to launch rockets with astronauts at the International Space Station (ISS).

but that’s not all. In 2019, Bezos joined Tesla’s search – Amazon invested $ 500 million in Aurora Innovation, a company that develops autopilot technology for passenger cars. They also say that the reason for the rivalry between Bezos and Mask was the tax benefits that large American corporations regularly receive from local authorities. A few years ago, Elon Musk received $ 1.3 billion in tax benefits from the state of Nevada for the construction of an electric vehicle manufacturing plant. This was reportedly seriously offending Jeff Bezos, who criticized his company more than once.

Paypal magazine help

Amazon is suspected of illegally collecting private information about platform vendors. In particular, Amazon allegedly used third-party platform vendor data for personal purposes to develop its own competing products. Amazon comments on the scam: Yes, they track sales data so customers get the best experience. But he prohibited employees from using vendors’ non-public, specific data to launch their products, and promised to conduct internal investigations.

Read: Amazon opens first supermarket without vendors and cash desk (video)


[ad_2]
Source link

Leave a Reply