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Guest Dana Mattioli, Wall Street Journal's Amazon reporter and author, dives into Amazon's aggressive tactics. Topics include TikTok ban, China's app crackdown, and Netflix's subscriber reporting change. Kara and Scott also discuss Tesla's Cybertruck recall and Sony teaming up with Apollo for Paramount bid.
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Quick takeaways
- Amazon's ruthless tactics to maintain dominance in e-commerce include spying on sellers and copying products from competitors, creating a highly intense work environment.
- FTC lawsuit against Amazon highlights anti-competitive practices, such as charging higher fees to sellers, leading to increased prices for consumers.
Deep dives
The Aggressive Culture at Amazon
Amazon's aggressive and fear-based culture, instilled by Jeff Bezos, drives employees to extreme lengths to keep their jobs. For example, employees spy on third-party sellers and copy popular products from competitors like Trader Joe's, creating a highly intense work environment.
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