Third-party sellers and small business leaders joined the Institute for Local Self-Reliance’s virtual press briefing to applaud the FTC’s antitrust lawsuit against Amazon, hailing the action as a critical step to ending Amazon’s abuses and opening the online market to competition.… Read More
The Federal Trade Commission (FTC) has filed suit against Amazon for monopolizing e-commerce in violation of U.S. antitrust laws. This explainer looks at why the lawsuit was filed and what it seeks to accomplish. … Read More
“This draft heralds a long overdue end to the dangerous and destructive approach of the last four decades,” Stacy Mitchell, ILSR Co-Executive Director, says in the statement.… Read More
“This draft heralds a long overdue end to the dangerous and destructive approach of the last four decades,” Stacy Mitchell, ILSR Co-Executive Director, says in the statement.… Read More
The steep and rapidly growing fees Amazon extracts from the businesses that have little choice but to rely on its site to reach customers are a striking measure of its monopoly power. These exorbitant fees are crushing many sellers, raising consumer prices, and funding Amazon’s expanding empire.… Read More
As the Federal Trade Commission sets its sights on challenging Amazon’s dominance in online retail, Ron Knox argues in The Sling that the agency must leverage its most potent weapon against anticompetitive behavior: Section 5 of the Federal Trade Commission Act.… Read More
In a letter to the Federal Trade Commission, ILSR warned that control over cloud computing, the backbone of the modern economy, is dangerously concentrated. Amazon Web Services (AWS), which controls more than 40 percent of global cloud infrastructure, has exploited its position to lock-in customers, shut out rivals, and reap unfair advantages in its other non-cloud business lines. ILSR urges the FTC to use its authorities to open the market to needed competition.… Read More
Mitchell goes on to highlight that last year, Amazon exploited its chokehold of the online retail sector by extracting more than $155 billion in fees from Amazon marketplace sellers, calling it, “an extraordinary measure of its monopoly power.”… Read More
Mitchell points to Amazon’s ability to bully and exploit other businesses through its integration across business lines as an example of why the bill is such “an important piece of legislation.”… Read More
