ILSR’s Stacy Mitchell was recently a guest on the popular podcast “Bad With Money,” where she talked with host Gaby Dunn about Amazon and monopoly power. The episode also features Lina Khan, Jessica Bruder, and Nicole Aschoff.
In the episode, Gaby Dunn “starts out by second-guessing some of her recent Amazon Prime purchases — and then starts to question a whole lot more,” as the episode’s introduction puts it. The show goes on to “investigate Amazon’s chokehold on the American consumer experience, and whether we ought to be fighting harder to break free from its clutches.”
Check out the episode online, or through your podcast app of choice.
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In Washington Monthly: Amazon’s AI Algorithms are Raising Prices
Amazon maintains its monopoly power in part thanks to AI-driven pricing systems that monitor the cost of everything, often leading to higher prices for consumers.
ILSR's virtual event spotlights how pricing algorithms deployed by powerful corporations are inflating prices, undermining competition, and threatening independent businesses and communities.