This chapter explores how Amazon relies heavily on third party sellers for revenue and discusses the FTC's complaint regarding fees and commissions. It also touches on Amazon's defense and the potential implications for consumers.
The US Justice Department’s case against Google and the case against Amazon brought by the Federal Trade Commission are considered two of the most consequential antitrust actions of the modern online era. What’s at stake for the companies–and consumers–when it comes to how we search online and what we buy?
Bloomberg’s Leah Nylen is covering these cases. She joins this episode to explain the government’s argument that the companies are stifling competition–and what Google and Amazon have to say about it.