1. PiP

    PiP Contributor Contributor

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    The FTC’s lawsuit against Amazon. How will it affect authors

    Discussion in 'Self-Publishing' started by PiP, Sep 27, 2023.

    ... if successful?

    The complaint alleges that Amazon violates the law not because it is big, but because it engages in a course of exclusionary conduct that prevents current competitors from growing and new competitors from emerging. By stifling competition on price, product selection, quality, and by preventing its current or future rivals from attracting a critical mass of shoppers and sellers, Amazon ensures that no current or future rival can threaten its dominance. Amazon’s far-reaching schemes impact hundreds of billions of dollars in retail sales every year, touch hundreds of thousands of products sold by businesses big and small and affect over a hundred million shoppers.

    The FTC’s lawsuit against Amazon would lead to higher prices and slower deliveries for consumers—and hurt businesses

    [​IMG]
    Written by David Zapolsky, Senior Vice President, Global Public Policy & General Counsel

    https://www.aboutamazon.com/news/company-news/amazon-ftc-antitrust-lawsuit-full-response
     
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  2. Not the Territory

    Not the Territory Contributor Contributor Contest Winner 2023

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    I guess my main concern is this: how well does antitrust policy work in such a global economy?

    Edit to add: more specifically, don't local break-ups just give more room for companies from other nations (in which they have their own monopolies) to shove in?
     
    Last edited: Sep 28, 2023
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  3. w. bogart

    w. bogart Contributor Contributor Blogerator

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    It all depends on how they apply the anti-trust laws. If they do it similar the ma bell it might be workable even in a global economy.
     
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