EPISODE · Apr 11, 2022 · 24 MIN
See How Jeff Bezos Cheated His Way To The Top
from Run It By My Lawyer · host Joseph Samo
In this episode of Run It By My Lawyer, Joe Samo details Washington's Attorney General's federal antitrust lawsuit against Amazon. Joe Samo explains how Amazon's founder Jeff Bezos has cheated the American people for decades. Amazon has acquired, and then shut down, competing companies to increase its market share. Amazon uses its unfair advantage to force Third Party Sellers to sell their products on Amazon for lower than they sell it elsewhere. Amazon's practices reduce sellers' incentives to sell their products on other sites and succumb to Amazon's high commission fees - sometimes as high as 40%. Competing online retails can't offer lower prices than Amazon due to the artificial pricing set by Amazon. This anticompetitive behavior affects consumers as Amazon has become the only option for many products, forcing the Washington DC Attorney General to pursue antitrust violations against Amazon.
Embed this episode
NOW PLAYING
See How Jeff Bezos Cheated His Way To The Top
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.