this post was submitted on 27 Sep 2023
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FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."

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[–] [email protected] 35 points 1 year ago (7 children)

Oooh. Someone's getting a 0.001% fine to continue business as usual. Juicy.

[–] [email protected] 21 points 1 year ago (6 children)

Everyone is so clever and so jaded. Please read the article:

"The lawsuit seeks declarations that Amazon's conduct violates federal and state laws. It asks for an injunction prohibiting the conduct described in the lawsuit along with unspecified "structural relief" that would be "necessary to redress and prevent recurrence of Amazon's violations of the law." Structural relief could involve breaking up the company."

[–] [email protected] 4 points 1 year ago (4 children)

Yeah, and history shows that "structural relief" is going to be a small fine.

[–] [email protected] 1 points 1 year ago

And maybe selling off one or two of its smallest ventures.

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