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US antitrust case against Amazon to move forward

reuters.com

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Re: US antitrust case against Amazon to move forward

#12
post #6

I don't care who wins the election next month, Lina Khan needs to be kept as FTC chair. The FTC has been on a roll the past while.

What has she done that didn't fail or get shot down as political overreach?

(not being sarcastic...i mean that i may have missed something inadvertently)

Re: US antitrust case against Amazon to move forward

#13
post #4

I hope they include Amazon's practice of taking popular products on their storefront, making generic "Amazon Basics" versions, and selling them to undercut the popular options. Simultaneously owning a marketplace, approving who can and can't sell products on it, and then putting your own products on it to undercut other sellers is so scummy and muck rake-y. I hope they also include Amazon allowing thousands of Chines…

Not every one can afford the name brand. - Sincerely a kid raised on everything store brand.

I dont think anyone's arguing against generic alternatives of name brand items. The issue here is Amazon using up-and-coming and popular products as fodder for them to generic-ize and push to the top of results, essentially knee capping the original seller.

Re: US antitrust case against Amazon to move forward

#14
post #6

I don't care who wins the election next month, Lina Khan needs to be kept as FTC chair. The FTC has been on a roll the past while.

What has she done that didn't fail or get shot down as political overreach? (not being sarcastic...i mean that i may have missed something inadvertently)

Not GP. I would say that her effectiveness is both in Fire and Motion [1], while one wants more Fire, before the status quo was not only no fire, but also no motion. Even the motion is a good starting point that businesses are having management adapt their strategies and plans to account for the motion, just out self-interested risk mitigation in case there is more fire than there currently is today, and that fire gets trained on them.

[1] https://www.joelonsoftware.com/2002/01/06/fire-and-motion/

Re: US antitrust case against Amazon to move forward

#15
post #6

I don't care who wins the election next month, Lina Khan needs to be kept as FTC chair. The FTC has been on a roll the past while.

I don't know if I accept Khan's framing of, even though I haven't won any cases I have scared off potential mergers and that is a win. I think the US already leans too heavily on tying everything up in courts forever.

Re: US antitrust case against Amazon to move forward

#16
post #4

I hope they include Amazon's practice of taking popular products on their storefront, making generic "Amazon Basics" versions, and selling them to undercut the popular options. Simultaneously owning a marketplace, approving who can and can't sell products on it, and then putting your own products on it to undercut other sellers is so scummy and muck rake-y. I hope they also include Amazon allowing thousands of Chines…

You mean you don't like having the choice between ZOSLRD-branded stuff and TUMACO-branded stuff, both of which have descriptions that look like someone put Mandarin Chinese through an LLM, because that's probably what they did?

Re: US antitrust case against Amazon to move forward

#17

Why does this keep happening?

[flagged]

Yeah, there's no corruption, graft, or abuse of power in any place without capitalism.

Breaking rules definitely isn't an innate part of human nature at scale.

Edit: more seriously, it doesn't help that the laws are entirely subjective. You're not a monopoly until after the fact. Monopolistic behavior is sometimes rewarded, and sometimes punished. Look at court cases involving Apple and Google. The only real difference between them is scale. You're allowed to be big, up until someone decides that you're actually too big. It's only a question of "too big to fail" or "too big to exist".

Re: US antitrust case against Amazon to move forward

#19

Earlier quoted context omitted.

Not every one can afford the name brand. - Sincerely a kid raised on everything store brand.

I dont think anyone's arguing against generic alternatives of name brand items. The issue here is Amazon using up-and-coming and popular products as fodder for them to generic-ize and push to the top of results, essentially knee capping the original seller.

Those original sellers mainly just look like drop-shippers to me. So Amazon just going straight to the source and selling at lower margin is better for me as a buyer.
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