FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon “extracts enormous monopoly rents from everyone within its reach.”
FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon “extracts enormous monopoly rents from everyone within its reach.”
Over 50% of Amazon’s sales are their marketplace. A marketplace is considered “free” when it is regulated against things like fraud. Amazon isn’t fighting fraud, they profit from it. The amount of bootleg goods on Amazon is insane.
let me get this straight, the government doesn’t regulate something and leaves it to the “invisible hand of the market”, it becomes corrupt and fraudulent, so the solution to the problem is to nationalize it to solve a problem that you created yourself by not regulate? Of course because the government doesn’t have a drop of corruption in the system. You need to stop drinking toilet water!