Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one

I will believe it when I see it.

Damn this thread is negative as hell.

I’m one of the most cynical, pessimistic people I know, but not in here.

Kinda wish people’s first reaction were “good,” not “yeah right, remember Bell in the 80’s?”

Maybe I’m naive, but this seems like good news to me. Even if it doesn’t actually result in Amazon being broken up, at least it indicates someone is doing something.

“Don’t let perfection be the enemy of progress” or something like that.

Who in the fuck do they think they're fooling? There hasn't been any sort of large corporate antitrust breakup since Bell Systems in the early 80s. They expect us to believe that after 40 years of inaction, suddenly they're going to do their jobs again? This is nothing but pandering to pad approval ratings. I would love to be wrong, but I'm not getting my hopes up.

More than half of Amazon's sales come from third-party merchants who this year started paying an average of over 50% commission on every sale, up from 35.2% in 2016, the result of it raising Fulfillment by Amazon fees every year and increasing storage fees.

While paying for Amazon's logistics and advertising services is optional, most merchants consider these, especially advertising, a necessary part of doing business. Moreover, the FTC has reportedly amassed evidence that Amazon disadvantages merchants who don't use the services by giving them lower placements.

Capitalism at its finest... I still remember when Amazon was just a humble online bookstore. How times have changed.

We need to do the same with Microsoft and Google

Doubt. If it somehow works out, do Google next

I'll believe it when I see it. I work with (not for) Amazon every day at my job and they are miserable e-commerce partners. One change in a code that suddenly and wrongly flags your entire international product offerings and pulls them? Good luck begging the teams of bots to "help" you.

With Amazon you don't even have the power to handle your own legitimate brand's data management -- changes to our listings go through maybe 20% of the time-- but somehow ASIN hijackers can make wild and dangerous changes to them with little issue. Not only that, but Amazon buttfucks you with fees on top of fees, like FBA fees we pay to entrust them to handle our products and returns well, but are wasted as our products are often stolen, broken, or return scammed.

If you can help it and you like not crying in the bathroom at work, avoid Amazon.

God we need a trustbuster

Lol. What a crock of shit. If anyone thinks the oligarchs that run this country will allow this to happen you’re smoking rocks.

This country leads the world in corruption & greed. Nothing will change that but this is great click bait.

This needs to happen. As skeptical as I am that this will result in a break-up, AWS really needs to be busted up away from the rest of Amazon, and that's just to start with.

Read similar news about meta , google and even microsoft ! Now it feels like a hogwash !

The FTC hasn’t had a spine in decades, I doubt anything will come of this. It would be nice for once if the government actually gave a shit about monopoly busting, but they don’t care anymore. Not when corporations are legally allowed to bribe the ones making legislation, oh and also companies can be people now

Would be great if the US started regulating big tech as harshly as the EU, let's see how they like that.

If this does happen, I hope they find a way to do it that doesn't make Bezos and the like richer, like what happened with Standard Oil years ago.

Does this need to happen? By God yes, a thousand times over. Will it actually happen with a positive effect? Big doubt.

They will settle for increased regulation, knowing their army of lawyers will be able to manage it all while the little guy will get snowed under.

So we’ll see even more small businesses fail while Amazon will continue to grow because the gov’t was lobbied into killing the competition.

So perhaps they'll fart in Amazon's general direction?

Yeah I see no way this happens, if they wouldn't involve themselves in Microsoft being a monopoly /anticompetitive they sure as hell ain't going to combat Amazon

Nothings going to happen. Its just another headline that FTC will do something but we know how it goes.

Great, instead of one overvalued company, Jeff Bezos will own majority stakes in multiple overvalued companies.

Remember when FTC threw hands with MSFT....like literally last week? Yeah.

Yeah, that'll happen.

Great news! I hope it happens but I won't be holding my breath. The US has gotten really bad about this kind of action over the past 20 years.

So then all the workers lose their jobs? That doesn't sound good