{"id":25062,"date":"2021-02-03T17:29:57","date_gmt":"2021-02-03T17:29:57","guid":{"rendered":"https:\/\/www.radiofree.org\/2021\/02\/03\/jeff-bezos-to-quit-but-amazons-predatory-business-model-will-continue-unless-lawmakers-act\/"},"modified":"2021-02-03T17:29:57","modified_gmt":"2021-02-03T17:29:57","slug":"jeff-bezos-to-quit-but-amazons-predatory-business-model-will-continue-unless-lawmakers-act-2","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/02\/03\/jeff-bezos-to-quit-but-amazons-predatory-business-model-will-continue-unless-lawmakers-act-2\/","title":{"rendered":"Jeff Bezos to Quit, But Amazon\u2019s \u201cPredatory Business Model\u201d Will Continue Unless Lawmakers Act"},"content":{"rendered":"
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Amazon founder Jeff Bezos has announced he will step down as CEO and move into a new role as executive chairman later this year, giving up the reins after nearly three decades during which he grew Amazon from an online book retailer into a sprawling business empire and became one of the world\u2019s richest people in the process. Andy Jassy, the head of the company\u2019s cloud computing division, is set to take over the top job, but Bezos will continue to be the largest Amazon shareholder and remain on the board of directors. The news comes as calls continue to mount for lawmakers to break up Amazon and other tech giants. \u201cThere\u2019s no reason to think anything is going to change at Amazon because Bezos has taken this new role,\u201d says Robert Weissman, president of the consumer advocacy group Public Citizen. \u201cNeither the economy nor our democracy can really function properly with fairness if Amazon is able to maintain its massive concentration of wealth and power.\u201d<\/p>\n

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This post was originally published on Radio Free<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"

Amazon founder Jeff Bezos has announced he will step down as CEO and move into a new role as executive chairman later this year, giving up the reins\u2026<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/25062"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=25062"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/25062\/revisions"}],"predecessor-version":[{"id":25063,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/25062\/revisions\/25063"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=25062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=25062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=25062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}