amazon
The FTC’s cheering of a failed merger shows its disdain for consumers
Since when do government agencies applaud business deals that fall apart, resulting in hundreds of layoffs and loss opportunities for consumers who depend on those products? That’s what happened earlier this month, when the Federal Trade Commission issued a press release applauding the failed $1.7 billion acquisition of the technology firm iRobot by the ecommerce…
Consumers are skeptical about FTC’s efforts to break up Amazon Prime
On Scripps News Tonight, Consumer Choice Center Deputy Director @yaeloss (Yaël Ossowski) sifts through the latest #antitrust lawsuit and why consumers remain skeptical about the Federal Trade Commission’s attempt to break up Amazon Prime membership What will happen to 2-day shipping? Cheap prices? Data storage and streaming? Who’s being harmed? Broadcast: September 26, 2023
Split up Amazon, Prime and AWS? If Biden’s FTC breaks up Bezos’ company, consumers lose
FTC and Lina Khan think consumers need to take one for the team when it comes to sacrificing their savings, in both time and money, that Amazon creates. Lina Khan is not tired of losing. Fresh off her latest defeat in court in pursuit of antitrust enforcement against Microsoft, President Joe Biden’s Federal Trade Commission…
Why Jeff Bezos’s Consumer Revolution Is a True American Success Story
If we’re lucky, Bezos’s example will inspire millions of more entrepreneurs in the 21st century. After more than a quarter century at the helm of one of the world’s most valuable companies, Jeff Bezos announced this month that he will soon step down as the CEO of Amazon. The mark Bezos and his company have left on…
Antitrust tech hearings dig for consumer harm but come up short
Armed with face masks and fresh customer complaints, members of the House Subcommittee on Antitrust, Commercial, and Administrative Law convened both virtually and in-person on Thursday, for the first of many hearings on competition in the tech sector. It was almost a six-hour marathon of gobbledygook legal turns of phrase and static-prone sessions of troubleshooting for lawmakers.…
N.C. alcohol rules should join the 21st century
Imagine you’re prepping a dinner party for 10 friends. You pull out your smartphone and fill your Amazon shopping cart with the best meats, vegetables and delectable cheeses. Then, a bottle of Californian Cabernet Sauvignon pops up as a recommendation. You read the reviews, scope out pictures of the winery, and add to cart. Finally,…