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

  • DragonAce@lemmy.world
    link
    fedilink
    English
    arrow-up
    119
    arrow-down
    7
    ·
    edit-2
    1 year ago

    Who in the fuck do they think they’re fooling? There hasn’t been any sort of large corporate antitrust breakup since Bell Systems in the early 80s. They expect us to believe that after 40 years of inaction, suddenly they’re going to do their jobs again? This is nothing but pandering to pad approval ratings. I would love to be wrong, but I’m not getting my hopes up.

      • DominusOfMegadeus@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        10
        arrow-down
        1
        ·
        1 year ago

        I fully support the FTC burning it all down, but then I read this paragraph, and it did not give me confidence: “The FTC has had Amazon in its sights this year. The company recently agreed to a $5.8 million settlement with the Commission over Ring privacy violations that included employees spying on customers. And in June, the FTC sued Amazon over “deceptive” Prime subscription tactics.”

        5.8 million is probably Jeff Bezos’s weekly cheese budget. It’s loose change in his car seat.

        • SCB@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          12
          ·
          1 year ago

          I fully support the FTC burning it all down

          Lol sayin the quiet part out loud

          • maynarkh@feddit.nl
            link
            fedilink
            English
            arrow-up
            10
            arrow-down
            1
            ·
            1 year ago

            If it’s about burning down the corporate regulatory capture and their stranglehold on markets that killed free market capitalism, then it’s not the quiet part. That’s the literal mission of the FTC that it hasn’t been fulfilling for half a century now.