Amazon, Apple, Google and Facebook Top Execs Testify Before Congress in Historic Antitrust Hearings

[5n0man]

Amazon looked the worst.

Bezos basically admitted to using insider information on 3rd party sellers to develop competing products and then advertise their clone products over the 3rd party products. That's gotta be a violation of some kinda anti trust laws.

 

[DEAD7]

Amazon looked the worst.

Bezos basically admitted to using insider information on 3rd party sellers to develop competing products and then advertise their clone products over the 3rd party products. That's gotta be a violation of some kinda anti trust laws.

Its not illegal, its just evil given Amazons size advantage and control over the platform.

 

[5n0man]

Its not illegal, its just evil given Amazons size advantage and control over the platform.

It should be illegal tho, which is what I thought the point of this hearing was. It's time the laws caught up to the internet.

 

[DEAD7]

It should be illegal tho, which is what I thought the point of this hearing was. It's time the laws caught up to the internet.

Agreed, but i think taking the ideas of others and improving upon it, or offering it to consumers at a lower price should be legal

 

[5n0man]

Agreed, but i think taking the ideas of others and improving upon it, or offering it to consumers at a lower price should be legal

Not when you're in a position to set the rules and change them as seen fit. You had 3rd parties talking about Amazon taking nearly half of their profits only to turn around and compete with them. How is a smaller business supposed to compete with some shyt like that? Theres a reason Amazon can afford to undersell these 3rd party sellers.

 

[FAH1223]