919
submitted 9 months ago by [email protected] to c/[email protected]

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

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 35 points 9 months ago

Oooh. Someone's getting a 0.001% fine to continue business as usual. Juicy.

[-] [email protected] 21 points 9 months ago

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."

[-] [email protected] 4 points 9 months ago

Yeah, and history shows that "structural relief" is going to be a small fine.

[-] [email protected] 5 points 9 months ago

The Dem appointees are trying to change things for the better. They may not be successful but I'm willing to wait and see, rather than cynically write off all chances today. It's a mindset difference. Apathy and cynicism aren't places I personally enjoy living.

[-] [email protected] -2 points 9 months ago

Neither is reality apparently.

[-] [email protected] 2 points 9 months ago* (last edited 9 months ago)

Hahaha :-)

There's nothing I said that isn't factual.

[-] [email protected] 1 points 9 months ago

And maybe selling off one or two of its smallest ventures.

[-] [email protected] 3 points 9 months ago

Thanks for reading the article for me, hah. I will say I'm looking for aws in particular to be split up.

this post was submitted on 27 Sep 2023
919 points (99.1% liked)

Technology

55935 readers
3004 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS