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Apparently there are a lot of people confused about this, but no, Amazon does not have ownership over the Washington Post. Jeff Bezos bought it with his own per
by bgentry 2y ago
Apparently there are a lot of people confused about this, but no, Amazon does not have ownership over the Washington Post. Jeff Bezos bought it with his own personal funds using an LLC: https://en.wikipedia.org/wiki/Jeff_Bezos#The_Washington_Post https://en.wikipedia.org/wiki/Jeff_Bezos#The_Washington_Post
- intermerda 2y agoAnd surely there is no relation between Bezos and Amazon so the part about "This is what we get allowing mega-corporations control our media" is obviously false.
- bgentry 2y agoIt is literally false in this case, yes. The corporation has no control over WaPo, even though the same individual has some control over both.
- some_furry 2y agoThis is a practically useless distinction.
- Freedom2 2y agoBut a pedantically, technically accurate one, just on brand for this site!
- wizzwizz4 2y agoThe distinction is not wholly useless, since it provides a frame whereby we can interpret this as evidence that the corporate veil is fictive, and that the "evil corporation" problem is actually caused by evil individuals. My instinct is that Evil Man theory is as simplistic (and wrong) as Great Man theory: there's probably some better explanation that this also provides evidence for, that I'm missing.
- _moof 2y agoSome control?
- DrillShopper 2y ago> The corporation has no control over WaPo, even though the same individual has some control over both. And I'm sure Jeff Bezos is so pure he'd never use his power over WaPo to help Amazon!/s