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In reply to the discussion: Amazon to be broken up? FTC's Lina Khan to reportedly file landmark antitrust lawsuit [View all]Celerity
(53,468 posts)43. Amazon is most definitely a market controlling/influencing force, a malevolent one at the end of the
day IMHO, along with many other big tech actors.
The Biden administration's FTC agrees with this and I fully support them.
Who doesn't agree, amongst others?
Jim Jordan harassing and intimidating Federal Trade Commission employees
https://www.democraticunderground.com/100218123950
snip
Republicans attack FTC chair and big tech critic Lina Khan at House hearing
https://www.theguardian.com/us-news/2023/jul/13/lina-khan-hearing-ftc-chair-republican-regulations-meta-google
snip
The FTCs list of battles with big tech companies is growing.
Hours earlier on Thursday, Twitter which now legally goes by X Corp asked a federal court to terminate a 2011 settlement with the FTC that placed restrictions on its user data and privacy practices. Khan noted Twitter voluntarily entered into that agreement.
Also on Thursday, the Washington Post reported the FTC opened an investigation into OpenAI on whether its chatbot, ChatGPT, is harmful to consumers. A spokesperson for the FTC would not comment on the OpenAI investigation but Khan said during the hearing that it has been publicly reported.
In 2017, Khan, now 34, gained fame for an academic article she wrote as a law student at Yale that used Amazons business practices to explain gaps in US antitrust policy. Biden announced he intended to nominate the antitrust researcher to head the FTC in March 2021. She was sworn in that June.
Chair Khan has delivered results for families, consumers, workers, small businesses, and entrepreneurs, the White House spokesperson Michael Kikukawa said in a statement.
https://www.theguardian.com/us-news/2023/jul/13/lina-khan-hearing-ftc-chair-republican-regulations-meta-google
snip
The FTCs list of battles with big tech companies is growing.
Hours earlier on Thursday, Twitter which now legally goes by X Corp asked a federal court to terminate a 2011 settlement with the FTC that placed restrictions on its user data and privacy practices. Khan noted Twitter voluntarily entered into that agreement.
Also on Thursday, the Washington Post reported the FTC opened an investigation into OpenAI on whether its chatbot, ChatGPT, is harmful to consumers. A spokesperson for the FTC would not comment on the OpenAI investigation but Khan said during the hearing that it has been publicly reported.
In 2017, Khan, now 34, gained fame for an academic article she wrote as a law student at Yale that used Amazons business practices to explain gaps in US antitrust policy. Biden announced he intended to nominate the antitrust researcher to head the FTC in March 2021. She was sworn in that June.
Chair Khan has delivered results for families, consumers, workers, small businesses, and entrepreneurs, the White House spokesperson Michael Kikukawa said in a statement.
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Amazon to be broken up? FTC's Lina Khan to reportedly file landmark antitrust lawsuit [View all]
BeckyDem
Jul 2023
OP
imposing rules that require third-party retailers to offer their lowest prices exclusively on Amazon
jimfields33
Jul 2023
#13
Amazon and Walmart are using their market power to destroy the working class
A HERETIC I AM
Jul 2023
#50
You don't need Amazon to do any of that. Amazon continuously tries to gaslight and convince people
Celerity
Jul 2023
#11
False dilemma. They need to be broken up. I'm sure that people will be just fine without their
Celerity
Jul 2023
#17
The American consumer market is extraordinarily adaptive. It not only will never be dependent on
Celerity
Jul 2023
#20
Another false dilemma. There are hundreds of thousands (millions?) of e-commerce sites. I am sure
Celerity
Jul 2023
#30
No I am not. I am anti monopolistic, anti negative systemic manipulation, & anti regulatory capture.
Celerity
Jul 2023
#38
Amazon is most definitely a market controlling/influencing force, a malevolent one at the end of the
Celerity
Jul 2023
#43
Well if you pay for prime and get prime video as part of the INCLUDED COST in the bundle
BannonsLiver
Jul 2023
#48
Amazon's done a bang-up job convincing a lot of people they're the only game in town.
Torchlight
Jul 2023
#15
If there's no real competition w/ Amazon as you imply, then Ms. Khan's reponse seems relevant
Torchlight
Jul 2023
#34