The FTC is set to file a landmark antitrust lawsuit against e-commerce giant Amazon. The federal agency believes Amazon uses its market dominance to unfairly disadvantage sellers on the platform who donāt use its logistics services. Bloomberg reports that the FTC lawsuit will primarily focus on Amazonās online marketplace, accusing the company of exploiting its
āPicking Winners And Losersā: Hereās How Congressā Antitrust Legislation Avoids Regulating Many Big Tech Companies
Last-minute changes to major antitrust legislation working its way through the HouseĀ appears to exemptĀ several Big Tech companies from being affected by its regulations. āThis, by design, is Congress deciding who gets punished and whoās favored,ā Berin Szoka, president of technology policy think tank TechFreedom, told the Daily Caller News Foundation in an interview. āThat is…
Itās Time to Wield Antitrust Against the Publishing Industry
The industry’s concentration doesn’t just have economic costs. It’s a disaster for our culture and it needs to be fought.The proposed acquisition of Simon & Schuster by the international media conglomerate Bertelsmann, treated as a foregone conclusion by most of the press, strikingly reveals the limitations of the āconsumer welfareā theory of antitrust popularized by…
Why Google Didnāt Challenge the DOJās Antitrust Charges
Google is curiously upping the ante in their long history of legal challenges by taking the DOJ head-on.Like the biggest of bruising fullbacks, Google seemed to decide last week that it can take the tackler head-on, because it can overpower any defender. The impact could be something to watch.In October, the Department of Justice and…