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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Amazon faces potential break-up as FTC finalizes antitrust lawsuit | The FTC is getting ready for the big one::undefined

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[-] Reverendender@sh.itjust.works 9 points 1 year ago

I fully support the FTC burning it all down, but then I read this paragraph, and it did not give me confidence: “The FTC has had Amazon in its sights this year. The company recently agreed to a $5.8 million settlement with the Commission over Ring privacy violations that included employees spying on customers. And in June, the FTC sued Amazon over "deceptive" Prime subscription tactics.”

5.8 million is probably Jeff Bezos’s weekly cheese budget. It’s loose change in his car seat.

this post was submitted on 27 Jul 2023
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