
In The Washington Post: Is America Still a Nation of Small Businesses?
Andrew Van Dam of the Washington Post's Department of Data explores the numbers behind American Small businesses with help from ILSR's Stacy Mitchell
The Federal Trade Commission’s latest antitrust lawsuit against Amazon has brought to light information about the company’s internal business practices. But the public is still in the dark about how exactly Amazon makes its money. ILSR Co-Director Stacy Mitchell talked to Wisconsin Public Radio about how Amazon has kept its profits under wraps and what the lawsuit could mean for the company’s future.
“Amazon has for a long time cultivated this idea that it makes very little profit on its ecommerce platform,” Mitchell explains. But the FTC lawsuit argues that the huge profits Amazon is actually making on the site is evidence that the behemoth is hindering competition.
Also read Mitchell’s article Amazon’s Big Secret,where she writes about how Amazon has kept these profits secret – and why the SEC must enforce corporate financial disclosure rules.
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Andrew Van Dam of the Washington Post's Department of Data explores the numbers behind American Small businesses with help from ILSR's Stacy Mitchell
In this ILSR event, two State AGs and other changemakers have a lively discussion about how states can advance the goals of the antitrust movement.
Stacy Mitchell tells an FTC workshop how companies like Amazon engage in predatory pricing and why current antitrust interpretations fail to address the problem.
The FTC's lawsuit against Southern Glazer's Wine and Spirits, utilizing the Robinson-Patman Act, could be an opportunity to restore fairness to the American economy