The FTC Sues to Break Up Amazon Over an Economy-Wide “Hidden Tax” – Matt Stoller/BIG
“Today, Amazon tells sellers that if it detects a lower price for their products on any other online store, they will be punished, which is to say, their ability to get their products onto a place on the Amazon website where customers click will go away. The net effect, as Amazon itself wrote, is that ‘prices will go up.’
“Indeed, Amazon tells third-party sellers to raise prices…”Amazon founder and former CEO Jeff Bezos owns The Washington Post. The Post’s interim CEO Patty Stonesifer sits on Amazon’s board.
Lina Khan’s Amazon lawsuit is nothing like her famous law article – WaPost
Consume reporting on the Amazon antitrust action by the Washington Post with a ton of salt. As the article above notes: “Amazon founder and former CEO Jeff Bezos owns The Washington Post. The Post’s interim CEO Patty Stonesifer sits on Amazon’s board.”