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| Home Front: Politix |
| Biden's FTC chairwoman again goes after Amazon, the company that made her famous |
| 2023-06-24 |
| [Wash Examiner] The Federal Trade Commission is once again confronting a Big Tech target, but critics accuse the agency of going "rogue." Chairwoman Lina Khan has the FTC suing Amazon for allegedly deceiving millions of consumers into signing up for its Prime program and then limiting their ability to cancel. Khan and the online retail giant have a long history together. "Amazon tricked and trapped people into recurring subscriptions without their consent, not only frustrating users but also costing them significant money," she said in a statement. Khan, 34, became the youngest person ever to lead the FTC when President Joe Biden named her chairwoman in June 2021. She first shot to stardom in the "hipster antitrust" movement while still a Yale law student with a 2017 paper titled "Amazon's Antitrust Paradox." The paper argues that the tech giant enjoys monopoly-like powers by operating in so many different business categories and advocates a more aggressive regulatory stance, including possibly breaking up the company. Her critics say she's now following that doctrine but not keeping with the FTC's mission in doing so. |
| Posted by:Besoeker |
| #3 Go after all the on-line businesses that require 'automatic renewal'. |
| Posted by: Procopius2k 2023-06-24 12:19 |
| #2 Once again, the gov't loves to penalize success. Granted, during the Fauci Flu plan/scamdemic, big box and online companies made a mint while small businesses were forced to close in the interests of "public health". That is another topic; however, say what we want about Bezos, Amazon went from selling books (remember getting bookmarks with your shipment?) to what it is today. Some things just happen naturally, and Amazon certainly provides services that people want, which is what it's all about. Alexa surveillance devices are yet another issue, but I digress.... |
| Posted by: DooDahMan 2023-06-24 09:02 |
#1  In 1911 the U.S. Supreme Court ruled that Standard Oil Trust be dissolved under the Sherman Antitrust Act and split into 34 companies. Read more about it! The information in this guide focuses on primary source materials found in the digitized historic newspapers from the digital collection Chronicling America.John D. Rockefeller kept a small piece of each of the 34 and soon quadrupled his holdings and fortune. |
| Posted by: Besoeker 2023-06-24 08:20 |