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. htt…
US antitrust case against Amazon to move forward
91–100 of 236 posts
Re: US antitrust case against Amazon to move forward
#92How would this even work? It's on Amazon to deliver your stuff in 2 days but they also have to allow 3rd party shipping they have no control over? Are they allowed to require such a seller to fulfill the order by a specific date?
Because to me a lowly customer Prime === Item Shipped by Amazon. That's the whole value.
Re: US antitrust case against Amazon to move forward
#93Earlier quoted context omitted.
News sites aren't just providing information: they're trading reporting for ad impressions.
Serious question: are paywalled news articles better at outlinking and do they have no ads?
Re: US antitrust case against Amazon to move forward
#94Earlier quoted context omitted.
> Many popular podcasts would show the video A podcast doesn't include any video data. How could it show a video?
"Podcast" is now a generic term that covers any "talking head"-type Internet show, most of which are on YouTube.
Re: US antitrust case against Amazon to move forward
#95Earlier quoted context omitted.
It's in violation of the sacred law of the attention economy: Never link outside your garden.
For some weird reason, outlinks are to be avoided, because it's seen as "leaving your site". In a store front, I can see that making sense. In a site to provide information... not so much.
Re: US antitrust case against Amazon to move forward
#96More and more, antitrust is a means for people who dislike big, successful companies for no particular reason to attack them. On some level, the government is just throwing its weight around. The message is "don't forget who's really in charge." Consider all the "Lina Khan fans" you see on HN and elsewhere. They rarely articulate why the government should be suing these companies, which laws that company broke, or if…
There are the standard points around consumer protection. Ticketmaster, Adobe, Amazon, really do engage in anti competitive practices and then burn the consumer once they've consolidated power. People feel that, but to your point, can't articulate all the moving pieces, and that's fine, use the mute button. God help us if Kroger and Safeway get their way and merge.
To your point about "don't forget who's really in charge." - it might feel like there's no upside here, but in reality you do end up with companies that have more power than the government, and that's a dangerous road to go down in a democracy, since there's no real way to hold them accountable. Obviously the government is deeply flawed in a million different ways, but ultimately there are elected officials, which cannot be said of private companies.
Also Lina Khan talks a lot about resiliency. Too much efficiency can make things worse [1]. With mass consolidation, black swan events lead to and outsized impact compared to what they would in an economy where there aren't monopolies everywhere. Climate change, pandemics, instability in Europe and the middle east, etc mean that it's worth trading extreme efficiency for robustness.
[1] https://sohl-dickstein.github.io/2022/11/06/strong-Goodhart....
Re: US antitrust case against Amazon to move forward
#97Re: US antitrust case against Amazon to move forward
#98Earlier quoted context omitted.
Why is it so common for Chinese sellers on Amazon to have uppercase company names?
Selling on Amazon requires a registered trademark. If you're a random factory in Shenzhen you don't care about branding, you just want to be able to sell your stuff on Amazon, so you just put together random letters in the hope that your registration won't conflict with anything else. You don't want to have to deal with back-and-forth with USPTO, you don't care about having a meaningful, memorable, or interesting nam…
Re: US antitrust case against Amazon to move forward
#99Amazon currently does not honor its prime shipping agreement with all domestic customers and has no customer service path to get the issue resolved. In some places USPS is unreliable and Amazon insists on using it repeatedly, violating its own promise to customers. This suggests to me that Amazon faces no competitive pressure to deliver good customer service.
Didn’t they drop the two-day shipping promise a while back?
Re: US antitrust case against Amazon to move forward
#100Earlier quoted context omitted.
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)
The FTC has succeeded at a lot of things that just aren't very interesting to report on. I'd recommend reading through FTC press releases. They generally release a statement whenever a major action is started and resolved. By my count in the past year or so the FTC was involved in at least 12 successful anti-monopoly actions (I counted modified mergers, killed mergers, and divestments). The most consequential merger…