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Washington state shuts down Amazon price-fixing program nationwide

atg.wa.gov

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Re: Washington state shuts down Amazon price-fixing program nationwide

#21

Earlier quoted context omitted.

Why would they waste employee time on antitrust training if they were innocent?

All big corps require you to take this kind of training.

> All big corps require you to take this kind of training.

I've worked at a couple "big corps" as an internal developer. JPMC, BestBuy, Experian, etc. Never encountered it.

I suspect it's only for those companies in danger (or with a history of being charged with) breeching anti-trust.

Re: Washington state shuts down Amazon price-fixing program nationwide

#23

Why are regulators incapable of assessing meaningful punitive damages? 2.5 million is peanuts to Amazon.

It's not great that corps get away with paying such small fines. But in a case like this, I surmise that it's a way for the AG to extract a fine that is big enough to be meaningful to some people, but small enough that Amazon isn't going to drag it through the courts for the next decade.

Re: Washington state shuts down Amazon price-fixing program nationwide

#24
post #16

Earlier quoted context omitted.

Why would they waste employee time on antitrust training if they were innocent?

Because they were trying to correct or prevent it? If they hadn't done the training, you'd be saying that they never even tried to avoid it.

This isn't about prevention. It's training to avoid recording damning evidence. The bad behavior can continue as long as it isn't written down. Preferably implemented in pieces that lend plausible deniability.

Re: Washington state shuts down Amazon price-fixing program nationwide

#26

Why are regulators incapable of assessing meaningful punitive damages? 2.5 million is peanuts to Amazon.

It's not great that corps get away with paying such small fines. But in a case like this, I surmise that it's a way for the AG to extract a fine that is big enough to be meaningful to some people, but small enough that Amazon isn't going to drag it through the courts for the next decade.

Its big enough that someones bonus pool got wiped out.

Re: Washington state shuts down Amazon price-fixing program nationwide

#27

Why are regulators incapable of assessing meaningful punitive damages? 2.5 million is peanuts to Amazon.

Arguably the more important outcome than monetary damages is that the offending program is ceased. From the press release -

> Amazon will shut down the “Sold by Amazon” program nationwide.

So in principle the problem has been stopped. Now whether Amazon will make a new "Buy from Amazon" program in 5 seconds that will have slightly modified details is to be seen...

Re: Washington state shuts down Amazon price-fixing program nationwide

#28
post #4

It snowed really hard here recently. I went to buy two plastic sleds on Amazon, the type you find at a Walgreens for $5. They were $70. I've pretty much curbed my Amazon use for anything but niche hard to find items at this point.

Giant cheap plastic things are essentially a worst-case use for Amazon because the individual delivery cost is most of the price. When you get a 5$ sled at Walgreens, it's cheap because you get in your car and do the last-mile logistics yourself.

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