FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."

FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon “extracts enormous monopoly rents from everyone within its reach.”

  • wagoner
    English
    21•9 months ago

    Everyone is so clever and so jaded. Please read the article:

    “The lawsuit seeks declarations that Amazon’s conduct violates federal and state laws. It asks for an injunction prohibiting the conduct described in the lawsuit along with unspecified “structural relief” that would be “necessary to redress and prevent recurrence of Amazon’s violations of the law.” Structural relief could involve breaking up the company.”

    • @onionbaggageEnglish
      4•9 months ago

      Yeah, and history shows that “structural relief” is going to be a small fine.

      • wagoner
        English
        5•9 months ago

        The Dem appointees are trying to change things for the better. They may not be successful but I’m willing to wait and see, rather than cynically write off all chances today. It’s a mindset difference. Apathy and cynicism aren’t places I personally enjoy living.

          • wagoner
            English
            2•9 months ago

            Hahaha :-)

            There’s nothing I said that isn’t factual.

    • @[email protected]English
      3•9 months ago

      Thanks for reading the article for me, hah. I will say I’m looking for aws in particular to be split up.