FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."
FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon “extracts enormous monopoly rents from everyone within its reach.”
Well it’s a shame a company can’t keep benefitting the customers. Seems the capitalist business plan always has to go through a morph of fucking over everyone.
I’m all for Amazon getting sued but… the big one? Wasn’t there another “big one” a week or two ago? And who called it that? Feels like the reporters just made that part up.
Amazon and Walmart have just outright won the game. Everyone else in those spaces, and adjacent spaces, just can’t compete anymore. You either do business with them or die/live on the leftover scraps.
It’s really not good, there should be more opportunities for others.
…can we just skip to the part where Amazon pays less than a fractional percent of their profit in fines and then proceeds with business as usual? I just feel like the charade has grown tiresome at this point.
I feel the exact same way with celebrities or the uber wealthy and criminal trials. Just skip to the part where they pay .000000001% of their net worth n fines or bail or whatever and get off scot free.
It’s hard, man. You got people that don’t care but then you got a whole other group of people who actively defend corporate shitfuckery, while being screwed.
i hate amazon as much as anyone, but…really, just cancel prime and dont use them unless you absolutely have to. Order direct from companies themselves if you can. Shop local. You can’t rely on the FTC to do anything and i doubt this will go anywhere. you are much more powerful than you think you are.
I had this happen to me on eBay as well. I paid a few extra bucks to avoid buying from Amazon and instead got the item mailed to me directly from Amazon. This is against eBay’s policies (you need to have the described item on hand) and may be against Etsy’s policies too
fair enough. i found that it was mostly a scam. they hook you in with “free” prime in college, then it just keeps re-billing forever until you finally realize “do i really need this package in 1 day as opposed to 3-4?” in my case, i virtually never need something instantly. so why pay the $170? its clearly very profitable for them, judging by how desperately they try to get me to re-sign up.
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Well it’s a shame a company can’t keep benefitting the customers. Seems the capitalist business plan always has to go through a morph of fucking over everyone.
Pff…. Now do the banks, cable companies, health care, etc.
Not a monopoly though?
Agreed on this one! In theory, there are lots of cable companies.
In practice, you actually only have one cable provider that provides service in your area.
Also not a monopoly in my area.
Don’t get me wrong, I don’t mean to defend any of the abusive practices of any of these industries. It’s just that they’re not monopolies.
Monopoly as used by professional economists doesn’t refer to a literal 100% marketshare. It refers to distortion.
FCC burns ISP’s butts
Will not go anywhere because Amazon and other gigacirporations basically own the US govt at this point.
I’m all for Amazon getting sued but… the big one? Wasn’t there another “big one” a week or two ago? And who called it that? Feels like the reporters just made that part up.
Amazon and Walmart are in great need of some good ol’ trust busting. Well, they aren’t in need of it, this society is in need of it.
Amazon and Walmart have just outright won the game. Everyone else in those spaces, and adjacent spaces, just can’t compete anymore. You either do business with them or die/live on the leftover scraps.
It’s really not good, there should be more opportunities for others.
…can we just skip to the part where Amazon pays less than a fractional percent of their profit in fines and then proceeds with business as usual? I just feel like the charade has grown tiresome at this point.
Ah well, better not try then. Guess we just have to learn to like the taste of corporate boot.
Maybe some more wanking about some glorious revolution that will never happen will make that boot taste better.
I feel the exact same way with celebrities or the uber wealthy and criminal trials. Just skip to the part where they pay .000000001% of their net worth n fines or bail or whatever and get off scot free.
You sound jaded.
Don’t let the billionaires wear down the will to fight.
It’s hard, man. You got people that don’t care but then you got a whole other group of people who actively defend corporate shitfuckery, while being screwed.
Thanks. I appreciate that.
i hate amazon as much as anyone, but…really, just cancel prime and dont use them unless you absolutely have to. Order direct from companies themselves if you can. Shop local. You can’t rely on the FTC to do anything and i doubt this will go anywhere. you are much more powerful than you think you are.
That feel when your Etsy purchase comes with an Amazon receipt in the package :(
I had this happen to me on eBay as well. I paid a few extra bucks to avoid buying from Amazon and instead got the item mailed to me directly from Amazon. This is against eBay’s policies (you need to have the described item on hand) and may be against Etsy’s policies too
That’s if Etsy shit wasn’t expensive as hell. It’s not practical to ship at
No thanks, I don’t feel like going back to waiting a week for my package, 4 hour to next day delivery is just too nice
fair enough. i found that it was mostly a scam. they hook you in with “free” prime in college, then it just keeps re-billing forever until you finally realize “do i really need this package in 1 day as opposed to 3-4?” in my case, i virtually never need something instantly. so why pay the $170? its clearly very profitable for them, judging by how desperately they try to get me to re-sign up.