For the first time ever, Facebook, Google, Apple and Amazon will be facing Congress in the #antitrust probe. Breaking up of AT&T in the 1980s led to better consumer products and more affordable services in the long run. Similarly, the outcomes of the probe with the tech giants will likely have far-reaching consequences. #JeffBezos opening statement is an insightful read. He also addresses some points that led to #Amazon ’s success. Some key takeaways: -Companies of all sizes should be open to #scrutiny . Embracing transparency is shown to have a high-level impact on performance and productivity -Most of our regrets are acts of omission- the things we didn’t try, the paths untraveled -Obsess about your customers. (The word "customers" is mentioned a total of 37 times in Bezos' letter) -Failure inevitably comes along with invention and risk-taking. Be a ‘garage entrepreneur’. Experiment & take calculated risks …see more