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submitted 1 year ago by Syo@kbin.social to c/tech@kbin.social

A case would be a high-water mark for FTC Chair Lina Khan who gained prominence criticizing the company’s dominance.

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[-] kirklennon@kbin.social 10 points 1 year ago

Lina Khan's stewardship of the FTC has been one of high-profile failures, clumsily targeting big companies over things that are, in fact, legal. It's like she thinks she's a senator trying to win political points with cheap, lazy shots rather than being the head of a wonky enforcement agency. Fresh after failing to block Microsoft's purchase of Activision, she's now targeting Prime, a service that consumers overwhelmingly actually like. I have no doubt that Amazon likely has violated antitrust law in some ways, but I have no faith in Khan's FTC to actually target the legitimate violations with boring, relatively minor solutions. They'll overshoot and bungle the whole thing, yet again.

[-] Semi-Hemi-Demigod@kbin.social 6 points 1 year ago

The problem is that while consumers may like Prime it uses its market dominance to control retailers and producers. That's exactly what anti-trust was designed to do since Carnegie.

this post was submitted on 27 Jul 2023
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