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I refuse to believe with this administration that any trust-busting will occur. The only company Donald Trump will break up is Amazon, out of a personal grudge

I refuse to believe with this administration that any trust-busting will occur. The only company Donald Trump will break up is Amazon, out of a personal grudge against Jeff Bezos.

debacle 6y ago
What is your basis on that opinion? Amazon seems like one of the least vertically integrated monopolies (though I agree they need to be curtailed).
- jeffbee 6y ago
  I think what they are correctly pointing out is that this administration does not take a rational approach to, well, anything, so it doesn't matter what the facts are regarding Amazon's actual practices. It's just a grudge.
- mywittyname 6y ago
  The current administration transparently considers "the stock market" to be their primary gauge of success. Going after any of the top 5 companies in the S&P500 is going to negatively impact the stock market. Ergo, I also doubt we will see any anti-trust activity originating from this administration. But this conversation is a bit irrelevant since the current administration probably has less than four months left in office, which is not enough time to put anything together. I don't expect a settlement from anyone either, so we are looking at several years worth of investigations and subsequent lawsuits, appeals, etc.
- thethethethe 6y ago
  Least vertically integrated? They have their own ecomerse platform, running on their own compute, selling products they brand and manufacture, complete with warehouses and a delivery fleet
  - deleted 6y ago
    [deleted]
jcadam 6y ago
I fully expect something to be done, but only if Trump wins the next election. Facebook/Twitter/et. al., aren't throwing all of their support behind Biden because they think he's going to hurt them.
throwmeaway_pls 6y ago
Good thing the FTC is an independent agency. Somebody thought of that. Let’s cool it with the Trump Derangement Syndrome.
- bearjaws 6y ago
  And who appoints the leadership in the FTC?

I refuse to believe with this administration that any trust-busting will occur. The only company Donald Trump will break up is Amazon, out of a personal grudge against Jeff Bezos.

debacle 6y ago

What is your basis on that opinion? Amazon seems like one of the least vertically integrated monopolies (though I agree they need to be curtailed).

jeffbee 6y ago
I think what they are correctly pointing out is that this administration does not take a rational approach to, well, anything, so it doesn't matter what the facts are regarding Amazon's actual practices. It's just a grudge.
mywittyname 6y ago
The current administration transparently considers "the stock market" to be their primary gauge of success. Going after any of the top 5 companies in the S&P500 is going to negatively impact the stock market. Ergo, I also doubt we will see any anti-trust activity originating from this administration. But this conversation is a bit irrelevant since the current administration probably has less than four months left in office, which is not enough time to put anything together. I don't expect a settlement from anyone either, so we are looking at several years worth of investigations and subsequent lawsuits, appeals, etc.
thethethethe 6y ago
Least vertically integrated? They have their own ecomerse platform, running on their own compute, selling products they brand and manufacture, complete with warehouses and a delivery fleet
- deleted 6y ago
  [deleted]

jcadam 6y ago

I fully expect something to be done, but only if Trump wins the next election. Facebook/Twitter/et. al., aren't throwing all of their support behind Biden because they think he's going to hurt them.

throwmeaway_pls 6y ago

Good thing the FTC is an independent agency. Somebody thought of that. Let’s cool it with the Trump Derangement Syndrome.

bearjaws 6y ago
And who appoints the leadership in the FTC?