The FTC Sues to Break Up Amazon Over an Economy-Wide "Hidden Tax"
"We have nowhere else to go and Amazon know it." The FTC and states are going after Amazon, largely for stopping merchants from offering discounts elsewhere.
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That's a really interesting article on how Amazon makes it money when prime is such a good deal for the consumers. I really hope Amazon gets broken up
Especially because they don't actually make that much money from their online store as opposed to Amazon Web Services. That's the behemoth that keeps them chugging along. It should be a separate company.
Well funnily enough I think that part, legally, is totally fine. There's nothing anti competitive about being in two unrelated industries, and I don't think there's a good case that aws is a monopoly. There are viable and cheaper alternatives like hetzner, aws is just popular but it's not manipulating the market
I agree, AWS is definitely the largest, but Google and MS are both competing very well in the space for 2nd and 3rd place. On the other hand, no online store front even remotely compares to amazon.com's presence, so it's understandable the FTC would have eyes there.
