Town Hall Featuring FTC Chair Lina Khan Draws Hundreds of Small Businesses

Date: 12 Mar 2024 | posted in: Retail | 0 Facebooktwitterredditmail

Hundreds of independent businesses from across the country tuned into a virtual town hall — featuring Federal Trade Commission Chair Lina Khan — to mark the progress and build momentum to rein in monopoly power and level the playing field for small, independent businesses.… Read More

In The Atlantic: Amazon’s Big Secret

Date: 1 Mar 2024 | posted in: Retail | 0 Facebooktwitterredditmail

Amazon has long cultivated the idea that it runs its shopping platform at razor-thin margins, relying instead on AWS for its profits. In fact, Amazon’s e-commerce marketplace is enormously profitable. In The Atlantic, Stacy Mitchell writes about how Amazon has kept these profits secret – and why the SEC must enforce corporate financial disclosure rules.… Read More

ILSR Responds to the CFPB’s Proposed Guardrails for Digital Banking

Date: 24 Jan 2024 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR supports the Consumer Financial Protection Bureau’s proposed “open banking” rule to establish important guardrails for digital banking. But it needs additional provisions to ensure that smaller, relationship-oriented financial institutions can access fair competition.… Read More

Is Amazon a Monopoly? Documentary Newly Released in the U.S.

Date: 8 Jan 2024 | posted in: Retail | 0 Facebooktwitterredditmail

Watch the newly released English-language version of a powerful documentary about Amazon’s outsized power, both in the U.S. and abroad. The film, which first aired on German public television, features Stacy Mitchell explaining to viewers how Amazon operates its monopoly machine.… Read More

On More Perfect Union: How Amazon Broke Online Shopping

Date: 15 Nov 2023 | posted in: Retail | 0 Facebooktwitterredditmail

This video from More Perfect Union tells the story of why Amazon has become a chaotic jumble of junk ads and questionable products, how that’s connected to the company’s abuse of independent businesses, and why Amazon now faces a major antitrust case. If you’re looking for help explaining the FTC’s lawsuit to your friends, look no further. … Read More

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