"We have nowhere else to go and Amazon know it." The FTC and states are going after Amazon, largely for stopping merchants from offering discounts elsewhere.
    • PeepinGoodArgs@reddthat.comEnglish
      6·
      1 year ago

      The amount of companies that Amazon would be broken up until is kinda high because they do so much. And each of those smaller companies wouldn’t be insulated from competition as they are because they’re an integral part of a monopoly.

    • Ensign_Crab@lemmy.worldEnglish
      5·
      1 year ago

      I should clarify that fragmenting mega corps is a good thing because it reduces their ability to disproportionately influence entire economies.

      That is the problem that antitrust is meant to solve.

      The consolidation of wealth is also a problem, but let’s not ignore this one just because other problems exist.

    • reddig33@lemmy.world
      3·
      1 year ago

      Breaking up companies gets rid of “too big to fail” bailouts, increases competition, and lowers prices for consumers.