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        <title><![CDATA[Jeff Bezos will admit Amazon should be scrutinized before Congress]]></title>
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            <media:title type="html">Jeff Bezos will admit Amazon should be scrutinized before Congress</media:title>
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        <content:encoded><![CDATA[<p>Amazon CEO Jeff Bezos will admit that his company should be scrutinized when he testifies before the House Judiciary Committee’s antitrust panel on Wednesday.</p><p>But the tech mogul is also expected to defend the e-commerce giant to lawmakers, <strong>who are probing</strong> how the business practices and data gathering of Amazon, Facebook, Google and Apple have hurt smaller rivals.</p><p>&#8220;I believe Amazon should be scrutinized,&#8221; Bezos, 56, said in written testimony <strong>released Tuesday</strong>, ahead of the unprecedented congressional hearing.</p><p>&#8220;We should scrutinize all large institutions, whether they’re companies, government agencies, or non-profits. Our responsibility is to make sure we pass such scrutiny with flying colors.&#8221;</p><p>The entrepreneur will argue that Amazon faces fierce competition from large rivals, including Target, Costco, Kroger and Walmart, which is more than twice its size.</p><p>Testifying for the first time before Congress, Bezos, <strong>the world&#8217;s richest person</strong>, will paint his company as an inspiring American &#8220;success&#8221; story, detailing challenges he faced while trying to launch the online giant in the mid-1990s.</p><p>He&#8217;ll strike a defiant note, too, saying that &#8220;when you look in the mirror, assess the criticism, and still believe you&#8217;re doing the right thing, no force in the world should be able to move you.&#8221;</p><p>Bezos is to be grilled along with chief executives Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google and its parent firm Alphabet.</p><p><em>With Post wires</em></p>]]></content:encoded>
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