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
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
Amazon is exploiting its position as a gatekeeper to impose steep and growing fees on the small businesses that must rely on its site to reach the online market, our new report finds. Even as these exorbitant fees bankrupt sellers, they are generating huge profits for Amazon, a fact that the tech giant conceals in its financial reports. These profits are not only the spoils of Amazon’s monopoly power. They are the essential fuel that feeds its market-domination strategies.… Read More
