this post was submitted on 27 Jul 2023
53 points (100.0% liked)
Technology
104 readers
2 users here now
This magazine is dedicated to discussions on the latest developments, trends, and innovations in the world of technology. Whether you are a tech enthusiast, a developer, or simply curious about the latest gadgets and software, this is the place for you. Here you can share your knowledge, ask questions, and engage in discussions on topics such as artificial intelligence, robotics, cloud computing, cybersecurity, and more. From the impact of technology on society to the ethical considerations of new technologies, this category covers a wide range of topics related to technology. Join the conversation and let's explore the ever-evolving world of technology together!
founded 2 years ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Lina Khan's stewardship of the FTC has been one of high-profile failures, clumsily targeting big companies over things that are, in fact, legal. It's like she thinks she's a senator trying to win political points with cheap, lazy shots rather than being the head of a wonky enforcement agency. Fresh after failing to block Microsoft's purchase of Activision, she's now targeting Prime, a service that consumers overwhelmingly actually like. I have no doubt that Amazon likely has violated antitrust law in some ways, but I have no faith in Khan's FTC to actually target the legitimate violations with boring, relatively minor solutions. They'll overshoot and bungle the whole thing, yet again.
The problem is that while consumers may like Prime it uses its market dominance to control retailers and producers. That's exactly what anti-trust was designed to do since Carnegie.