News for hackers. Stuff that matters.

A comment on Jeff Bezos can’t promise Amazon employees don’t access independent seller data. Parent comment

Re:Jeff Bezos can’t promise Amazon employees don’t access in... by Nasrudith on Thursday July 30, 2020 @01:20PM (#24000695)
To be frank that bank policy sounds a lot like a pretense for protectionism to banks more than an antitrust measure so they don't have to worry about being disrupted by others winning big on bets they didn't take.

I recognize there may be very different values in play but I find calling that wrong bizzare and arbitrary.

[ Parent | on HN ]
Re:Jeff Bezos can’t promise Amazon employees don’t access in... by manquer on Friday July 31, 2020 @02:16PM (#24011749)
Similar protections existed for ibanks not to do retail till a while before in the U.S.

It is to prevent a conflict of interest , the banking division can refuse to finance a competitor , give very cheap financing ignore the risk of the non finance business etc,

to put it in monopoly terms , you wouldn’t the player being banker to give cheap loans to himself while refusing to give you money right ?

[ Parent | on HN ]