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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

#41

Post by taeric »

BadHumans wrote: post #36
taeric wrote: post #31

Anyone have an easy summary of what all was dismissed? This story is surprisingly light on details. (Did I just miss them?)

From what I have read, the pieces that were dismissed are still sealed so we don't know yet.

The ruling is linked in another thread. The last two pages outline what all is dismissed. My naive read is that a lot of the claims were dismissed already. I have no idea if that is normal or not. I also assume nobody really expected the entire case to get dismissed?

I am interested in reading an analysis of this.

Re: US antitrust case against Amazon to move forward

#43

Post by givemeethekeys »

jjtheblunt wrote: post #12
LorenDB wrote: 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)

I suppose the question is - despite her failures, do we agree with the policy that she / the Biden administration are pushing?

If so, then if she isn't the right person for the job, is there someone who will be more successful?

Re: US antitrust case against Amazon to move forward

#44

Post by hornban »

LorenDB wrote: 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 happened to come across her on 60 Minutes a couple of weeks ago, and that interview seemed awkward and sound-bitey to me. Thinking that she just might not be great at short-form segments I dug a little deeper and found an awesome long-form interview that she did with the Council on Foreign Relations. I highly recommend this to get a feel for what she is actually like as a policy person. She really impressed me.

https://m.youtube.com/watch?v=L_QaZk5iJOA

Re: US antitrust case against Amazon to move forward

#45

Post by endo_bunker »

BadHumans wrote: post #37
tick_tock_tick wrote: post #34

Earlier quoted context omitted.

[flagged]

The FTC won the case against Google did they not? Which monopolies would you like to see them tackle?

They should probably just stop shaking down the American tech firms that are driving US economic growth.

Re: US antitrust case against Amazon to move forward

#46

Post by tomschlick »

saltymug76 wrote: post #13
macinjosh wrote: post #8

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.

Does Walmart/CostCo/BestBuy/Kroger/etc not do this exact thing?

Re: US antitrust case against Amazon to move forward

#47

Post by dylan604 »

BadHumans wrote: post #35
megaman821 wrote: post #15

Earlier quoted context omitted.

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.

Don't fall for the Silicon Valley propaganda that things are on the downswing because the FTC is not allowing mergers or acquisitions. Plenty of both of those have happened this year. DirectTV is in the process of acquiring Dish Network and SlingTV which is one of the largest acquisitions of the year and should alone perish the thought that mergers aren't happening.

If only the FTC could claim credit for the disappearance of free money

Re: US antitrust case against Amazon to move forward

#49

Post by akavi »

Reminder that a mere 15 years ago, Walmart was the unfair monopolist whose market position rendered competition infeasible.

Also unclear to me why "ecommerce" is a market unto itself that we should be concerned with level of concentration in, as opposed to simply a slice of the broader "retail" market (which is much less concentrated)

Re: US antitrust case against Amazon to move forward

#50

Post by __loam »

endo_bunker wrote: post #45
BadHumans wrote: post #37

Earlier quoted context omitted.

The FTC won the case against Google did they not? Which monopolies would you like to see them tackle?

They should probably just stop shaking down the American tech firms that are driving US economic growth.

Monopolies are harmful to the economy.
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