FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::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.”
Oooh. Someone’s getting a 0.001% fine to continue business as usual. Juicy.
Everyone is so clever and so jaded. Please read the article:
“The lawsuit seeks declarations that Amazon’s conduct violates federal and state laws. It asks for an injunction prohibiting the conduct described in the lawsuit along with unspecified “structural relief” that would be “necessary to redress and prevent recurrence of Amazon’s violations of the law.” Structural relief could involve breaking up the company.”
Yeah, and history shows that “structural relief” is going to be a small fine.
And maybe selling off one or two of its smallest ventures.