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FTC reportedly plans major antitrust lawsuit against Amazon

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Re: FTC reportedly plans major antitrust lawsuit against Amazon

#31

Has the FTC outlined what Amazon is actually doing in "rewarding" or "penalizing" 3p merchants? I see a reference to Amazon's "algorithm". Hazarding a guess, it would have to be either category listings or search results? Is there something else? If so, this is some weak-sauce when it comes to anti-competitive behavior.

Competing with Amazon Basics products developed in response to third party sales data. Anointing certain sellers as "Amazon's Choice".

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#32

Has the FTC outlined what Amazon is actually doing in "rewarding" or "penalizing" 3p merchants? I see a reference to Amazon's "algorithm". Hazarding a guess, it would have to be either category listings or search results? Is there something else? If so, this is some weak-sauce when it comes to anti-competitive behavior.

Probably search results showing items with prime shipping before items without it.

Which... as a consumer is exactly what I want.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#33
post #4
post #2

This doesn't seem to be the right tack. There's legitimate reasons to favor sellers that use your own logistics. Hard to see that as anti-competitive. Even harder to see why they picked this issue when there's seemingly many more blatant ones going on.

The cynic in me says it's because this way they can say "we tried" and not actually do anything. Antitrust lawsuits died the day MS got a slap on the wrist, and we've been paying for it as a society ever since. I really doubt the authenticity of this effort, but I also lack the expertise to judge properly so maybe I shouldn't be so pessimistic.

> the day MS got a slap on the wrist

That "slap on the wrist" was sufficient to prevent MS from owning the browser.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#34

I am amazed to see people defending AMZN in these threads. They are so obviously monopolistic with such a plethora of problems with the way the treat consumers, workers, businesses, and the planet. More power to the FTC -- just wish they had taken these actions sooner.

I also don't really get the desire to defend them even if you were a loyal fan. Outside of AWS, none of their services are good anymore and have deteriorated. The only reason people think Prime is even valuable is because of the quantity > quality overriding people's rational. Amazon (the storefront) has turned into Aliexpress but with the shoddiest random brands ever like XYGHY selling you a product they're dropshipping for a 300% markup. They've turned into the store where it's only worth using to get AmazonBasics from.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#35
post #20

With Temu coming from China to compete with Amazon, and the US regulators going full anti-China recently, I'm really interested to see whether these actions against Amazon get pushback from the top of government, and ultimately get stalled.

I hope not. I am so tired of "but if you don't let us be evil, China will" as a justification to allow tech monopolies to operate unchecked. We should regulate Amazon, and we cannot regulate Temu, we ban it.

We should regulate Amazon, and we cannot regulate Temu, we ban it.

Then we're back to the trade war. The tit-for-tat from that became ridiculous.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#36

Earlier quoted context omitted.

I hope not. I am so tired of "but if you don't let us be evil, China will" as a justification to allow tech monopolies to operate unchecked. We should regulate Amazon, and we cannot regulate Temu, we ban it.

China’s banning our tech companies and they’re regulating the shit out of their own. They do a lot of shit we shouldn’t but they’re dead on that tech companies should serve society instead of the other way around

eh, the US also bans Chinese tech companies too, i think the fear of data being used inappropriately is equally high on both parties. The US does have more international and larger corporations, so obviously in terms of number we have more banned.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#37
post #20

With Temu coming from China to compete with Amazon, and the US regulators going full anti-China recently, I'm really interested to see whether these actions against Amazon get pushback from the top of government, and ultimately get stalled.

A lot of the anti-china stuff is coming from the top, the CHIPS act is a great example. I think taking down Amazon and maybe busting them up ala AT&T would be a feather in Biden's cap with the liberals and the right thing to do. Then they need to go after Google and Facebook.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#38

Earlier quoted context omitted.

I hope not. I am so tired of "but if you don't let us be evil, China will" as a justification to allow tech monopolies to operate unchecked. We should regulate Amazon, and we cannot regulate Temu, we ban it.

We should regulate Amazon, and we cannot regulate Temu, we ban it. Then we're back to the trade war. The tit-for-tat from that became ridiculous.

We have always been in a trade war, we just never fought back.

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#39

Earlier quoted context omitted.

I hope not. I am so tired of "but if you don't let us be evil, China will" as a justification to allow tech monopolies to operate unchecked. We should regulate Amazon, and we cannot regulate Temu, we ban it.

We should regulate Amazon, and we cannot regulate Temu, we ban it. Then we're back to the trade war. The tit-for-tat from that became ridiculous.

We are not back in the trade war. We always IN the trade war. Look up how many things are banned in China while their companies like Tencent/Tiktok/ Aliexpress/Temu just do whatever they want here.

The question has and will always been, so what are you gonna do about it?

Re: FTC reportedly plans major antitrust lawsuit against Amazon

#40
post #34

I am amazed to see people defending AMZN in these threads. They are so obviously monopolistic with such a plethora of problems with the way the treat consumers, workers, businesses, and the planet. More power to the FTC -- just wish they had taken these actions sooner.

I also don't really get the desire to defend them even if you were a loyal fan. Outside of AWS, none of their services are good anymore and have deteriorated. The only reason people think Prime is even valuable is because of the quantity > quality overriding people's rational. Amazon (the storefront) has turned into Aliexpress but with the shoddiest random brands ever like XYGHY selling you a product they're dropship…

Prime shipping has degraded to me to the point that 20% and rising of the orders are late, and that’s with a recent warehouse in the same city.
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