Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by tartuffe78 on Wednesday October 04, 2023 @09:10AM
(#37764560)
Amazon is abusing it's monopoly power to hurt competition, when Amazon is the only place to certain things, consumer cost will go up.
[ Parent
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Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by endisneigh on Wednesday October 04, 2023 @09:14AM
(#37764604)
> when Amazon is the only place to certain things
No seller is obligated to sell on Amazon to begin with, so this entire premise is false.
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by fzeroracer on Wednesday October 04, 2023 @09:37AM
(#37764970)
I assume you're not familiar with Walmart or how they operate?
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by smoldesu on Wednesday October 04, 2023 @09:18AM
(#37764684)
"No manufacturer is obligated to buy Standard Oil or Carnegie steel, so this entire premise is false."
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by endisneigh on Wednesday October 04, 2023 @09:19AM
(#37764695)
Yes, because there are not literally thousands of e-commerce stores out there. Amazon is the only one. UPS, USPS and FedEx don't exist either. You must use Prime to transport your stuff.
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by smoldesu on Wednesday October 04, 2023 @09:27AM
(#37764801)
Look, with this reasoning there is literally no world in which Amazon can be implicated for monopoly abuse of power. Apparently, having any other option (even if it is damaged by monopoly abuse) is good enough for you.
Clearly the FTC disagrees with your logic, and I'm glad they do. FedEx, UPS and USPS should be sued too if they did what Amazon is doing.
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by endisneigh on Wednesday October 04, 2023 @09:30AM
(#37764851)
The FTC disagrees, but they will lose, as they've lost before.
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by smoldesu on Wednesday October 04, 2023 @09:37AM
(#37764964)
It's definitely not just the FTC. 3 years ago, the European commission launched an investigation for the same thing: https://ec.europa.eu/commission/presscorner/detail/en/ip_20_...
If the FTC fails to implicate them, rest easy. At least Europe knows how to keep their market on a leash.