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I'd be curious if anyone can explain why the FTC doesn't go after Amazon for using its dominance and profits in AWS to massively subsidize its Amazon.com retail
by somethoughts 3y ago
I'd be curious if anyone can explain why the FTC doesn't go after Amazon for using its dominance and profits in AWS to massively subsidize its Amazon.com retail offerings (i.e. movie studio/healthcare/grocery/delivery) and undercut its competition in those spaces.
It's seem to have stopped since ZIRP has ended and Bezos has moved on but for awhile the AWS profits seem like they were feeding an ever growing conglomerate of disparate businesses with the intent of owning every market. [1]
Such actions feel somewhat similar to Microsoft using its dominance and profits from Windows to give its browser away for fee.
This ads suit seems like a distraction.
That said I'm not particularly anti-monopoly and have a Prime membership - mostly just curious.
[1] Anti-Trust Paradox - Lina M. Khan
https://www.yalelawjournal.org/pdf/e.710.Khan.805_zuvfyyeh.pdf https://www.yalelawjournal.org/pdf/e.710.Khan.805_zuvfyyeh.p...
- Arialonomus 3y agoI am speaking entirely speculatively, but I’d imagine it might be having to do with going for low-hanging fruit, or at least trying to chip away legally before (or instead of) sweeping anti-trust litigation. The appetite for this kind of action hasn’t exactly been great the last few decades, and big swings can lead to big misses (like Activision-Microsoft)
- nojvek 3y agoLina Khan has great intentions but poor results. None of her big tech trials have been successful. EU seems to have a better track record reigning big tech than US DOJ.
- Arialonomus 3y agoThe EU also has a much stronger regulatory framework than the United States does. American corporate-friendly policy decisions make litigating anti-trust more difficult. Not to mention congressional inaction means regulatory policy is stuck generally in the last century. The case against Google has seemed the strongest yet, but we shall see how things play out.