Washington has struck back at Jeff Bezos, after he criticized US President Joe Biden over an appeal to oil and gas companies to lower gasoline prices. White House Press Secretary Karine Jean-Pierre said the Amazon founder and billionaire appears to support a market situation that allows corporations prey on ordinary consumers and is failing the American people.
Bezos earlier blasted Biden, saying the president apparently struggles to grasp “basic market dynamics.” On Saturday, the president urged companies running gas stations in the US to “bring down the price.” The Amazon founder then pointed to inflation, arguing it was “far too important a problem” for the White House to expect any such steps on the part of the industry.