Mega-corporations dominate nearly every aspect of our economy and daily lives. Most concerning are the tech giants — Amazon, Facebook, Apple and Google — that control numerous markets and the very infrastructure that underpins almost all of our commerce and communications. Amazon’s power, in particular, is a leading challenge for small and independent businesses. Today, Amazon is the world’s largest e-commerce corporation thanks, in large part, to the millions of third-party merchants who have little choice but to set up shop on its sprawling marketplace.
Lawmakers are increasingly concerned about Big Tech’s gatekeeper power over small businesses. A bipartisan package of antitrust legislation is gaining momentum in Congress. One of the bills, the American Innovation and Choice Online Act (AICOA), would prohibit the tech giants from preferencing their own products over rivals. While Amazon portrays itself as a partner to businesses in an effort to derail Congress, business owners tell a very different story about their experience selling on Amazon’s marketplace.
This factsheet spotlights stories from small businesses, which expose Amazon’s abusive tactics and underscore the urgency for policymakers to act.
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