- Summary in this article Archived Message
Posted by jayd
on June 14, 2022, 15:29:56, in reply to "John Oliver touched on this topic this week"
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https://www.rollingstone.com/tv/tv-news/john-oliver-tech-monopolies-1367047/ But the company that arguably self-preferences more than any other is Amazon. According to that House antitrust subcommittee report, 65 to 70 percent of all U.S. online marketplace purchases flow through Amazon. “Amazon basically is the marketplace,” Oliver said. “It’s essentially the only place to sell anything on the internet — unless, that is, you’re looking to offload some human teeth. Because then, it’s Craigslist all the way, baby.” One recent analysis found that Amazon points shoppers toward products sold by Amazon 40 percent of the time — and when they point toward another supplier, nine out of 10 times it’s a supplier that happens to use Amazon’s shipping services. And that’s to say nothing of the nearly 160,000 products Amazon now makes — and promotes — themselves, some of which are cheap knockoffs of products made by small businesses that are then all but unable to sell any of their products. |