How Amazon Ate The Economy
Stacy Mitchell joins David Sirota on Lever Time to dive into monopoly history and how antitrust action can break up the conglomerates.
For more than a decade, we’ve been producing ground-breaking research on Amazon’s monopoly power and calling for it to be broken up.
In a letter to the Federal Trade Commission, ILSR warned that control over cloud computing, the backbone of the modern economy, is dangerously concentrated. Amazon Web Services (AWS), which controls more than 40 percent of global cloud infrastructure, has exploited its position to lock-in customers, shut out rivals, and reap unfair advantages in its other non-cloud business lines. ILSR urges the FTC to use its authority to open the market to needed competition.
Read Letter
Amazon has long cultivated the idea that it runs its shopping platform at razor-thin margins, relying instead on AWS for its profits. In fact, Amazon’s e-commerce marketplace is enormously profitable. In The Atlantic, Stacy Mitchell writes about how Amazon has kept these profits secret – and why the SEC must enforce corporate financial disclosure rules.
Read Commentary
This video from More Perfect Union tells the story of why Amazon has become a chaotic jumble of junk ads and questionable products, how that’s connected to the company’s abuse of independent businesses, and why Amazon now faces a major antitrust case. If you’re looking for help explaining the FTC’s lawsuit to your friends, look no further.
Watch Video
Stacy Mitchell joins David Sirota on Lever Time to dive into monopoly history and how antitrust action can break up the conglomerates.
This lawsuit is a testament to the power of a grassroots coalition determined to check Amazon’s dominance — and a test of whether the federal...
Third-party sellers and small business leaders joined the Institute for Local Self-Reliance’s virtual press briefing to applaud the FTC’s antitrust lawsuit against Amazon, hailing the...
The Federal Trade Commission (FTC) has filed suit against Amazon for monopolizing e-commerce in violation of U.S. antitrust laws. This explainer looks at why the...
The steep and rapidly growing fees Amazon extracts from the businesses that have little choice but to rely on its site to reach customers are...
Local and federal policymakers have systematically structured tax policy in a way that deepens the concentration of corporate power, Stacy Mitchell and Susan Holmberg argue...
In splashy campaigns and lobbying at the Capitol, Amazon claims that it has “a mutually beneficial relationship” with the small businesses that depend on its...