FTC Restores Rigorous Enforcement of Law Banning Unfair Methods of Competition

Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by p1necone on Thursday November 10, 2022 @05:58PM (#33554843)

> good for some consumers (people who value convenient shopping and fast shipping) and bad for others (people who really like independent shops).

It's bad for them too once the monopoly is strong enough that Amazon can stop caring about those things.

Preventing monopolies isn't done because it satisifies some abstract sense of justice, it's done because they genuinely hurt consumers in the long term, even if the monopoly became a monopoly because they were really good for consumers to begin with.

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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by umanwizard on Thursday November 10, 2022 @07:32PM (#33555816)

I never argued against going after monopolies.

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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by astrange on Thursday November 10, 2022 @08:15PM (#33556155)

Amazon is a two-sided market. I don’t think “monopoly” is a good description of a company that’s also a monopsony.

There’s more of an argument that it’s a monopoly employer, but they’ve been raising wages.

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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by amelius on Friday November 11, 2022 @05:37AM (#33559077)

The problem is that this two sided market is being regulated by a company.

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Re:FTC Restores Rigorous Enforcement of Law Banning Unfair M... by sokoloff on Friday November 11, 2022 @05:50AM (#33559173)

Everything you describe is fair game for the FTC to consider.

Amazon’s stance on or relationship to unions is not a reason for the FTC to adjust its stance.

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