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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined

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[-] reversebananimals@lemmy.world 2 points 1 year ago

No doubt this is slimy, but does it make Amazon a monopoly? It seems like a tough case for the FTC to win.

[-] grue@lemmy.world 13 points 1 year ago* (last edited 1 year ago)

Contrary to popular corporatist disinformation, anti-trust law isn't just for literal control-100.000000%-of-the-market "monopolies." Any company (or colluding group of companies) large enough to unduly influence the market can be subject to it.

That's why it's called "anti-trust" law, not "anti-monopoly" law.

[-] InfiniteVariables@lemmy.world 8 points 1 year ago

Not sure but giving your own products preferential placement on what you present to the public as an open marketplace is an anti-competitive behavior that they have been caught doing.

[-] muddybulldog@mylemmy.win 3 points 1 year ago* (last edited 1 year ago)

Took them ten years to split up AT&T and that was a literal monopoly. Near 100% market share.

this post was submitted on 27 Jul 2023
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