FTC reportedly plans major antitrust lawsuit against Amazon

Post by dragonwriter » Thu, Jun 29, 2023, 8:36 PM UTC

prepend wrote: post #59

capital_guy wrote: post #23

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 don’t think I’m defending Amazon so much as noting that Amazon does not have a monopoly on retail or even e-commerce. I don’t think issues should be picking sides so much as seeking the truth. Amazon had 38% of online retail market share [0] and only 9% of total retail market share [1]. So I think it’s going to be hard to show antitrust violations without some price collusion. [0] https://www.statista.com/statistic…

Post by Nasrudith » Thu, Jun 29, 2023, 8:38 PM UTC

capital_guy wrote: post #23

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.

Post by bostik » Thu, Jun 29, 2023, 8:45 PM UTC

sdflhasjd wrote: post #65

bostik wrote: post #57

Earlier quoted context omitted.

I might well be one of the very few people in the thread who can still benefit from prime shipping. We have an Amazon prime depot about 10 minute walk from our house. The drivers can schedule their deliveries to us either to the beginning or end of their routes, and that shows: we get prime shipping for almost everything. In fact, trying to batch individual items into fewer deliveries is not necessarily even an optio…

What does the "end of the route" look like for you? For me, along with the worsening reliability of prime, it's just getting later and later. When first moved into this address, deliveries were generally before 3. Slowly that became 5, then 7. Finally, to take the absolute piss this has become as late as 10pm, which is not what I call "next day" and at that point I don't really want it delivered at all.

Post by tomlin » Thu, Jun 29, 2023, 8:50 PM UTC

0xParlay wrote: post #69

lisasays wrote: post #60

Earlier quoted context omitted.

Anitrust actions do not require the presence of a monopoly. Rather, they addresses situations where companies unreasonably exert power to lessen competition. The idea is to prevent monopolies from forming in the first place.

Can they save me from Comcast first? I’d be curious how that backlog refinement meeting goes. > See that filter that orders priority by realized value? Remove it and order by campaign contributions

Post by technothrasher » Thu, Jun 29, 2023, 9:14 PM UTC

gochi wrote: post #34

capital_guy wrote: post #23

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…