FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."

FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon “extracts enormous monopoly rents from everyone within its reach.”

    • jackalope@lemmy.mlEnglish
      41·
      9 months ago

      Over 50% of Amazon’s sales are their marketplace. A marketplace is considered “free” when it is regulated against things like fraud. Amazon isn’t fighting fraud, they profit from it. The amount of bootleg goods on Amazon is insane.

    • optissima@lemmy.worldEnglish
      42·
      9 months ago

      It does offer a critical feature to the country, distribution of goods to people within the country.