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

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

In The Nation: the FTC Lawsuit Against Amazon Is the Biggest Antitrust Fight of Our Time

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

This lawsuit is a testament to the power of a grassroots coalition determined to check Amazon’s dominance — and a test of whether the federal government has the power, and the political will, to rein in corporate monopoly power, writes Ron Knox in The Nation.… Read More

ILSR Press Event: Sellers and Small Businesses Applaud FTC’s Amazon Lawsuit

Date: 26 Sep 2023 | posted in: agriculture, Retail | 0 Facebooktwitterredditmail

Third-party sellers and small business leaders joined the Institute for Local Self-Reliance’s virtual press briefing to applaud the FTC’s antitrust lawsuit against Amazon, hailing the action as a critical step to ending Amazon’s abuses and opening the online market to competition.… Read More

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