• Tolstoshev@lemmy.world
    link
    fedilink
    English
    arrow-up
    75
    arrow-down
    1
    ·
    1 year ago

    Amazon will settle for no admission of guilt for 0.000000001% of their profit. The FTC chair will then join the board of Amazon after declaring success.

        • Refurbished Refurbisher@lemmy.sdf.org
          link
          fedilink
          English
          arrow-up
          15
          arrow-down
          1
          ·
          edit-2
          1 year ago

          Most people have a price. Some people have principles and values, even if they get offered $1b (or some other crazy number). Those people are very rare, though, and usually aren’t in positions of power.

      • NuPNuA@lemm.ee
        link
        fedilink
        English
        arrow-up
        8
        ·
        1 year ago

        Didn’t she just lose spectacularly to Microsoft over the Activison purchase?

        • Vanon@lemmy.world
          link
          fedilink
          English
          arrow-up
          4
          ·
          edit-2
          1 year ago

          Yes. The FTC and other government agencies will lose all important cases against big businesses. Or they will be stripped of any power that matters. Our completely legitimate supreme court will be happy to rule their powers unconstitutional. (M*** is gunning for the SEC now.) Or we find ourselves with a president that instantly installs stooges with no intent on doing their job (like T****'s dog Mulvaney and CFPB).

          I’m still proud that we have people like Khan willing to spend their (life)time fighting against obvious wrongs, or even just trying to enforce our laws against oligarchs. I just think any wins are temporary miracles until the cancer is obliterated. (At the polls!?)

        • Shikadi@lemmy.sdf.org
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 year ago

          vanontom’s reply is great. I’m just going to add that every government agency fighting against the merger has lost, because money is power. You just can’t blame the FCC on this one, only the Republicans that love to strip its power, because they’re anti regulation except when those regulations benefit them.

    • billwashere@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 year ago

      Companies this large never get their appropriate comeuppance since we’re essentially a corporatocracy.