Amazon allegedly destroyed communications, turned controversial programs on and off, and knowingly raised prices for consumers, according to unsealed documents.

Amazon execs destroyed years of evidence before FTC action, agency says::Amazon allegedly destroyed communications, turned controversial programs on and off, and knowingly raised prices for consumers, according to unsealed documents.

  • This is fine🔥🐶☕🔥@lemmy.worldEnglish
    111·
    1 year ago

    There are many products all of these companies have that aren’t profitable

    Splitting most of these up would not help anyone.

    Good.

    Companies have been using their profitable ventures to get dominant (or even solo) position in another market segment by undercutting the competition and then degrade their services as there’s no other alternative for customers.

    This should force them (and customers) to reconsider their offerings and the pricing for it.

    • LufyCZ@lemmy.worldEnglish
      51·
      1 year ago

      Everyone is complaining about services raising prices all the time. YouTube introducing anti-adblock tech has caused an uproar.

      Do you know why YouTube is dominant? It’s because it’s subsidized. Running a service like that is more expensive than you could ever imagine and it’s free, thanks to subsidization.

      I’m not saying Google’s a good company, but consider how much value YouTube has brought into the world - it’s not only entertainment, but also education.

      It wouldn’t survive on it’s own.

      Splitting up companies makes no sense. They could (and in 99% of cases still would) work together as one. Regulating them and holding them accountable does, much more. Why not start there, instead of wasting your time here?

      • LukeMedia@lemmy.worldEnglish
        4·
        1 year ago

        That’s one of the issues with these business models, it’s hard to give a consumer something and then take it away later to turn a profit (enshittification).

        • LufyCZ@lemmy.worldEnglish
          3·
          1 year ago

          So what you’re saying is that instead of allowing companies to enshitiffy, we just kill all of them instantly?

          • LukeMedia@lemmy.worldEnglish
            11·
            1 year ago

            I think we just let them die, they’re killing themselves already, and many that used this strategy still haven’t even turned a profit.

            In the cases of companies monopolizing, yes action should be taken against them, primarily of splitting the companies up, in which case unprofitable ventures won’t be bankrolled by the rest of the company.

      • uis@lemmy.worldEnglish
        31·
        1 year ago

        It’s because it’s subsidized.

        Do you know why google is ad monopoly? Because they have all youtube info.

        • LufyCZ@lemmy.worldEnglish
          41·
          1 year ago

          There’s no way that’s true. It’s a piece of it for sure, but they are neither an ad monopoly or a monopoly dependent on YouTube info.