The Federal Trade Commission is suing Amazon, alleging that the company used its power as an online retail giant to pressure sellers and warp prices. NBC News’ Noah Pransky breaks down the FTC allegations and what could happen next in the lawsuit.
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#FTC #Amazon #Monopoly
source
Id this the FTC that got that butts chewed trying to block the Microsoft and Activision merger
This makes me have to poop. I keep watching this nonsense I need to stop.
But people still believe in capitalism. This is how capitalism works, you need to stop it or it gets worse.
Oops!
A.BOUT.TIME.
Though it’s unlikely any typical penalty will be enough to motivate a change in their business practices. They are far, far too powerful. They should be broken up, like AT&T.
We need Amazon when alot of other retail stores are closing due to society collapse
NO KIDDING. It's been this way for DECADES. I am an award-winning author, and I would never distribute on 'Zon. Friggin' dirty ToS, practices, "muscle", etc. It's not a good thing at all, but everyone stood by because MONEY. Because cheaper products, because "free" shipping, etc.
Why do some states and city's allow legalized theft of Walmart and target stores? Why do the politicians allow Amazons competition to be looted (sometimes until the stores close)? 🕵I will discover the truth!
Good! Competition is coming!!
First time I've seen anything but black (mostly male) and white (mostly female).
The news (anything on mainstram media) is really subtle race-propaganda… once you start paying attention.
I mean, in Dune, the evil Harkonan are all what race??? But the good Fremen have lots of divesity…. And it's not even Earth.
As a streamer on Twitch (owned by Amazon) all I can say is this sounds about correct based upon my dealings with them.🤷🏾♂️
Can’t say anymore or they actually can sue me😩
all show
With all the shoplifting happening at retail stores across the nation, is it really worth the 10% off? Prime membership is almost $200/year these days.. are their members really complaining?
Get em !!
I refuse to use Amazon except for when it’s the most convenient thing to do.
Not a good idea to get on the wrong side of the 3rd richest person in the world. Bezos will come with vengeance
Time to boycott AMAZON…..r i g h t 😅😅
Small sellers never ship the right product to customers.
FTC must of not have received their packages.
– LIMIT WEALTH to $999,999,999.99 and not .01 Cent more –
– SUNSET CORPORATION which is the ENGINE to ROBBERY of "The Middle Class." –
– LIMIT OWNERSHIP of MEDIA to those limits before 1983 by the FCC –
– & ELIMINATE "CITIZEN UNITED" that allows the RICH TO BUY POLITICIANS & JUDGES –
M.F. Gershowitz (1953-2023 or longer)
… people who are above the law are Wealthy.
and it's time they have JUSTICE! – m.
👍 Good 👍💯 Job. Should file a Slavery suite too. They try work PPL too hard.
Breaking News, Sky is Blue, water is reported to be wet
Amazon is a monopoly. Imagine if they raised prices 50%. What would you do? NOTHING
AMERICA IS A HUGE CORPORATION MADE OF MANY BIG CORPORATIONS, ITS THE SAME GAME AS USUAL. THIS IS NOT GONNA CHANGE ANYTHING.
I wonder what the FTC will do. Breaking up the corporation into entertainment, delivery, warehousing, marketing branches seems like a good idea but… Bezos will become a trillionaire if they do that.
FINALLY!!! GO FTC
Good!
Time to disband the FTC.
As an Amazon seller, I watched them erode our business, from demands to see our supplier invoices to suddenly that supplier no longer selling to small businesses and then directly to Amazon, cutting us out. One of so many examples.
It’s a race to $0 for the consumer, but what about the seller who needs to make a living?
Uh oh, it looks like somebody is behind on their bribes. Come on, Bezos, you gotta donate BIG to the Democrats to stay out of trouble.
Sounds like Amazon missed a payment 😂
What else is new? Stories out there of companies put out of business for refusing to sell on their platform too.
TOOK THEM LONG ENOUGH.
1:43 lol yeah
Khan looking for her next loss lol
I just bought a 9×12 tarp at Harbour Frieght for $11.99 after seeing the very same exact, same packaging Tarp on amazon for 22.99. I searched abut 3 minutes to find the lower price. I was so happy I bought two infact. Amazon can price their products at whatever level they want, this is a free country, the consumer is in charge. We don't want a socialist, corrupt, govt agency like Ftc to around telling retailers how to run their business basically threatening free enterprise. What has the FTC done for consumers lately other than filling their coffers with fines that are basically passed onto consumers in higher Prices. Time to purge all the socialists, out of American Govt.
I didn't even use Amazon, so? Should i care?
I bet this is gonna be put on hold if the govt shuts down
Meanwhile China's TEMU is wreaking havoc and putting US sellers out of business by offering super cheap prices. Plus not paying US taxes.
Amazon had good things, but it really is taking sadness from local people. We don't have lots of time to go shopping anymore. Maybe we need less work, more money and more time. Just saying.