The suit's main allegation is that Amazon abuses its dominance in the market to reward merchants who use its logistics (warehousing, shipping) and advertising services, punish those...
Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined
Who in the fuck do they think they’re fooling? There hasn’t been any sort of large corporate antitrust breakup since Bell Systems in the early 80s. They expect us to believe that after 40 years of inaction, suddenly they’re going to do their jobs again? This is nothing but pandering to pad approval ratings. I would love to be wrong, but I’m not getting my hopes up.
I fully support the FTC burning it all down, but then I read this paragraph, and it did not give me confidence: “The FTC has had Amazon in its sights this year. The company recently agreed to a $5.8 million settlement with the Commission over Ring privacy violations that included employees spying on customers. And in June, the FTC sued Amazon over “deceptive” Prime subscription tactics.”
5.8 million is probably Jeff Bezos’s weekly cheese budget. It’s loose change in his car seat.
If it’s about burning down the corporate regulatory capture and their stranglehold on markets that killed free market capitalism, then it’s not the quiet part. That’s the literal mission of the FTC that it hasn’t been fulfilling for half a century now.
Not to mention that Lina Khan is way out of her depth and has even said she’s just picking fights based on her ideology and not on facts. She seems like she’d rather lose 100 cases and win 1 over just losing 5 and winning 1.
Who in the fuck do they think they’re fooling? There hasn’t been any sort of large corporate antitrust breakup since Bell Systems in the early 80s. They expect us to believe that after 40 years of inaction, suddenly they’re going to do their jobs again? This is nothing but pandering to pad approval ratings. I would love to be wrong, but I’m not getting my hopes up.
This smells like fodder just in time for election season
Dude, the 80s wasn’t 40 years ago…
Damn I got old…
The 80s will always be 20 years ago. Y2k was ten years ago, the 2010s didn’t happen and we’re both old.
Damn, there might be a group of us.
The FTC has actually been crazy busy this administration - https://www.ftc.gov/news-events/news/press-releases - they’re really doing far more than at any other point in my lifetime.
I fully support the FTC burning it all down, but then I read this paragraph, and it did not give me confidence: “The FTC has had Amazon in its sights this year. The company recently agreed to a $5.8 million settlement with the Commission over Ring privacy violations that included employees spying on customers. And in June, the FTC sued Amazon over “deceptive” Prime subscription tactics.”
5.8 million is probably Jeff Bezos’s weekly cheese budget. It’s loose change in his car seat.
Lol sayin the quiet part out loud
If it’s about burning down the corporate regulatory capture and their stranglehold on markets that killed free market capitalism, then it’s not the quiet part. That’s the literal mission of the FTC that it hasn’t been fulfilling for half a century now.
Citation needed.
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Not to mention that Lina Khan is way out of her depth and has even said she’s just picking fights based on her ideology and not on facts. She seems like she’d rather lose 100 cases and win 1 over just losing 5 and winning 1.