▲ 922 ▼ FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly (arstechnica.com) submitted 3 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world 57 comments fedilink hide all child comments FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."
[–] RememberTheApollo_@lemmy.world 23 points 3 years ago (6 children) Pff…. Now do the banks, cable companies, health care, etc. permalink fedilink source hideshow 6 child comments replies: [–] wagoner@infosec.pub 28 points 2 years ago (2 children) If they did the banks, you'd say Pff, now do Amazon. Let's value what we have and hope to build on it, rather than dismiss it as not enough. permalink fedilink source parent hideshow 2 child comments replies: [+] CatMaster5001@lemmy.world 7 points 2 years ago* (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] chilicheeselies@lemmy.world 0 points 2 years ago Thse are just government employees. They dont have an unlimited staff count to deal with everything at once. Its unrealistic. permalink fedilink source parent [–] elephantium@lemmy.world 3 points 2 years ago (1 child) banks Not a monopoly though? cable companies 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. health care 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. permalink fedilink source parent hideshow 1 child comment replies: [–] jackalope@lemmy.ml 2 points 2 years ago Monopoly as used by professional economists doesn't refer to a literal 100% marketshare. It refers to distortion. permalink fedilink source parent [–] uis@lemmy.world 1 point 3 years ago FCC burns ISP's butts permalink fedilink source parent
[–] wagoner@infosec.pub 28 points 2 years ago (2 children) If they did the banks, you'd say Pff, now do Amazon. Let's value what we have and hope to build on it, rather than dismiss it as not enough. permalink fedilink source parent hideshow 2 child comments replies: [+] CatMaster5001@lemmy.world 7 points 2 years ago* (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] chilicheeselies@lemmy.world 0 points 2 years ago Thse are just government employees. They dont have an unlimited staff count to deal with everything at once. Its unrealistic. permalink fedilink source parent
[+] CatMaster5001@lemmy.world 7 points 2 years ago* (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] chilicheeselies@lemmy.world 0 points 2 years ago Thse are just government employees. They dont have an unlimited staff count to deal with everything at once. Its unrealistic. permalink fedilink source parent
[–] chilicheeselies@lemmy.world 0 points 2 years ago Thse are just government employees. They dont have an unlimited staff count to deal with everything at once. Its unrealistic. permalink fedilink source parent
[–] elephantium@lemmy.world 3 points 2 years ago (1 child) banks Not a monopoly though? cable companies 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. health care 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. permalink fedilink source parent hideshow 1 child comment replies: [–] jackalope@lemmy.ml 2 points 2 years ago Monopoly as used by professional economists doesn't refer to a literal 100% marketshare. It refers to distortion. permalink fedilink source parent
[–] jackalope@lemmy.ml 2 points 2 years ago Monopoly as used by professional economists doesn't refer to a literal 100% marketshare. It refers to distortion. permalink fedilink source parent