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Time to buy AMZN? https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-killing-betting-against-lina-khan-d5b395b1 https://www.wsj.com/us-news/law/the-hed
by smugma 3y ago
Time to buy AMZN?
https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-killing-betting-against-lina-khan-d5b395b1 https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-k...
- AlbertCory 3y agoMy prediction (you can check my results): AMZN price will be largely unchanged. There does seem to be some antitrust exposure there: ========= Anti-discounting measures that punish sellers and deter other online retailers from offering prices lower than Amazon, keeping prices higher for products across the internet. For example, if Amazon discovers that a seller is offering lower-priced goods elsewhere, Amazon can bury discounting sellers so far down in Amazon’s search results that they become effectively invisible. Conditioning sellers’ ability to obtain “Prime” eligibility for their products—a virtual necessity for doing business on Amazon—on sellers using Amazon’s costly fulfillment service, which has made it substantially more expensive for sellers on Amazon to also offer their products on other platforms. This unlawful coercion has in turn limited competitors’ ability to effectively compete against Amazon.
- WillPostForFood 3y agoConditioning sellers’ ability to obtain “Prime” eligibility for their products—a virtual necessity for doing business on Amazon—on sellers using Amazon’s costly fulfillment service Isn't Prime a fulfillment service in this context? How would a seller be Prime eligible without using Amazon fulfillment?
- AlbertCory 3y agoGood point. Weakening FTC's case still further.
- thomastjeffery 3y agoPrime is both a fulfillment service and an exclusive marketplace category. I do think the FTC should be more direct about prosecuting the vertical integration of Amazon's marketplace, fulfillment, and delivery services.
- deleted 3y ago[deleted]
- gorbachev 3y agoNah. You buy stock in the law firm(s) representing Amazon on this. Assuming they're a publicly traded.
- bpicolo 3y agoPublicly traded law firms aren't currently a thing in the US, because non-lawyer ownership (or in this case, partial ownership) of law firms has been against legal ethics codes for a long time: https://www.reuters.com/legal/legalindustry/practice-innovations-non-lawyer-ownership-law-firms-are-winds-change-coming-rule-2022-03-31/ https://www.reuters.com/legal/legalindustry/practice-innovat...
- kortilla 3y agoCoincidental how that worked out in the lawyers’ favor.