Amazon Execs Intentionally Made Site Shittier to Rake in More Profit, New Quotes from FTC Lawsuit Show
Former CEO Jeff Bezos instructed executives to "accept more defects," an internal term for irrelevant ads.
One day after the Federal Trade Commission sued Amazon, the company told sellers that the suit “does not change anything about our relationship.”
The Federal Trade Commission alleges that the company is a “monopolist” that uses “illegal, exclusionary” and “anticompetitive” conduct to maintain its power.
The Commission alleges that Amazon Prime’s “manipulative” enrollment and “labyrinthine” cancellation processes are illegal.
Ring previously allowed any employee to access customer’s private videos and failed to implement basic security mechanisms. Security issues raised by the FTC are ones Motherboard found during a 2019 hacking spree.
Monopoly expert Matt Stoller joins us to discuss why Microsoft is facing unexpected resistance to its mega-acquisition.
The almost $69 billion purchase would be the largest in video game history but only if the federal government lets it proceed.
The federal government wants to expand its energy conservation rules to include right-to-repair provisions.
The policy, implemented Friday, hopes to give gig workers more control over their employment, as well as get rid of deceptions about pay or benefits.
The FTC has scrutinized numerous Amazon purchases and launched antitrust probes into the company's operations since Khan took charge of the agency.
In its lawsuit, the FTC describes how with a sample of data obtained from Kochava it was possible to pinpoint a device that visited a women's reproductive health clinic and then trace that phone back to a single family home.