Report: Amazon’s Monopoly Tollbooth

Date: 28 Jul 2020 | posted in: Retail | 0 Facebooktwitterredditmail

Amazon’s dominance of online retail means that hundreds of thousands of small businesses must rely on its site to reach customers. In this report, we find that Amazon is exploiting its gatekeeper power to extract a growing cut of the revenue earned by these sellers. It’s doing this by imposing ever-larger fees on them. This tactic is often dooming their businesses. It’s also enabling Amazon to entrench its monopoly grip on e-commerce, while expanding its dominance into logistics and advertising.… Read More

Update: PPP Loan Data Continues to Show that Big Bank Consolidation has Hampered Small Business Relief

Date: 15 Jun 2020 | posted in: agriculture | 0 Facebooktwitterredditmail

After Congress authorized a second round of PPP funding in May, news stories suggested that the big banks, like JP Morgan Chase and Bank of America, were picking up the pace and catching up to small banks. Yet data on total PPP lending through June 6 continue to show that a greater presence of big banks in a state correlates with fewer relief loans made to small businesses.… Read More

On Vergecast: Stacy Mitchell Explains How Amazon’s Dominance is More Visible During a Pandemic

Date: 1 May 2020 | posted in: Retail | 0 Facebooktwitterredditmail

Nilay Patel, host of the Vergecast, interviewed Co-Director Stacy Mitchell on the pandemic’s disruptions to our supply chains, the importance of competition, and the growing movement to regulate Amazon.… Read More

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