926
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."

you are viewing a single comment's thread
view the rest of the comments
[-] onionbaggage@lemmynsfw.com 35 points 1 year ago

Oooh. Someone's getting a 0.001% fine to continue business as usual. Juicy.

[-] wagoner@infosec.pub 21 points 1 year ago

Everyone is so clever and so jaded. Please read the article:

"The lawsuit seeks declarations that Amazon's conduct violates federal and state laws. It asks for an injunction prohibiting the conduct described in the lawsuit along with unspecified "structural relief" that would be "necessary to redress and prevent recurrence of Amazon's violations of the law." Structural relief could involve breaking up the company."

[-] onionbaggage@lemmynsfw.com 4 points 1 year ago

Yeah, and history shows that "structural relief" is going to be a small fine.

[-] wagoner@infosec.pub 5 points 1 year ago

The Dem appointees are trying to change things for the better. They may not be successful but I'm willing to wait and see, rather than cynically write off all chances today. It's a mindset difference. Apathy and cynicism aren't places I personally enjoy living.

[-] onionbaggage@lemmynsfw.com -2 points 1 year ago

Neither is reality apparently.

[-] wagoner@infosec.pub 2 points 1 year ago* (last edited 1 year ago)

Hahaha :-)

There's nothing I said that isn't factual.

[-] Lemonparty@lemm.ee 1 points 1 year ago

And maybe selling off one or two of its smallest ventures.

[-] Batman@lemmy.ca 3 points 1 year ago

Thanks for reading the article for me, hah. I will say I'm looking for aws in particular to be split up.

this post was submitted on 27 Sep 2023
926 points (99.2% liked)

Technology

59414 readers
1231 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS