Log in
Register
Search
Search titles only
By:
Search titles only
By:
Log in
Register
Search
Search titles only
By:
Search titles only
By:
More options
Toggle width
Share this page
Share this page
Share
Facebook
Twitter
Reddit
Pinterest
Tumblr
WhatsApp
Email
Share
Link
Menu
Install the app
Install
Forums
Law Firm Events
Law Firm Deadlines
TCLA TV
Members
Leaderboards
Premium Database
Premium Chat
Commercial Awareness
Future Trainee Advice
Forums
Aspiring Lawyers - Applications & General Advice
My Training Contract Journey
My Daily Commitment
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="al97" data-source="post: 150294" data-attributes="member: 29424"><p>4 Oct - Commercial Awareness - Tech </p><p>Topic: Amazon’s Case against the FTC over antitrust issues</p><p><a href="https://www.ft.com/content/5b27f142-613f-437c-890d-7abe1be6d819" target="_blank">https://www.ft.com/content/5b27f142-613f-437c-890d-7abe1be6d819</a></p><p></p><p>Issue:</p><p>Amazon monopolises the online marketplace. FTC filed a lawsuit against Amazon for the following reasons: </p><p></p><p>Harsh and allegedly ilegally treatment of sellers</p><ul> <li data-xf-list-type="ul">Taking half of every dollar of sellers’ revenue </li> <li data-xf-list-type="ul">Punishes seller that discount heavily by making them “effectively invisible” on search </li> <li data-xf-list-type="ul">Forcing vendors to use costly logistics network</li> <li data-xf-list-type="ul">Forcing vendors to pay for advertising </li> <li data-xf-list-type="ul">Amazon’s pricing system aka Project Nessie, uses a surveillance network to monitor whether sellers offer their products at a cheaper price on other sites, condemns sellers who do so</li> <li data-xf-list-type="ul">Amazon also made extensive efforts to hinder the FTC’s investigation</li> </ul><p></p><p>The Regulator</p><ul> <li data-xf-list-type="ul">Lina Khan is chair of the FTC </li> <li data-xf-list-type="ul">Amazon request that Khan be removed from the lawsuit as she was known to be a longstanding critic of Amazon</li> <li data-xf-list-type="ul">Biden administration adopted a touch approach to crack down corporate power, other lawsuits against Big Tech filed by DOJ/FTC: Google for digital advertising, Meta for acquisitions of IG and Whatsapp and Within, Microsoft acquisition of AB </li> </ul><p></p><p>Other lawsuits facing Amazon</p><ul> <li data-xf-list-type="ul">In June, FTC sued Amazon for allegedly tricking customers into signing up for its Prime service without their consent </li> <li data-xf-list-type="ul">Amazon Prime Video was available on a standalone basis and also comes in a bundle, but Amazon uses dark patterns to prevent users from signing up the former </li> <li data-xf-list-type="ul">In May, Amazon settled at $25mn for a lawsuit regarding violation of children’s privacy via Alexa </li> </ul><p></p><p>Interview questions: </p><p></p><p>Who is FTC?</p><p>Federal Trade Commission is the equivalent of CMA of the UK. Their aim is to protect consumers from unfair business activities such as regulating antitrust issues. </p><p></p><p>Impact on law firms? </p><p>Rigorous enforcement from regulators against Big Tech, advisory department will be busier. Law firms with a strong competition, regulatory, and litigation practice will be favoured. Antitrust issues mostly touches technology sector (e.g. Microsoft-AB deal) so IP litigation is highly relevant.</p></blockquote><p></p>
[QUOTE="al97, post: 150294, member: 29424"] 4 Oct - Commercial Awareness - Tech Topic: Amazon’s Case against the FTC over antitrust issues [URL]https://www.ft.com/content/5b27f142-613f-437c-890d-7abe1be6d819[/URL] Issue: Amazon monopolises the online marketplace. FTC filed a lawsuit against Amazon for the following reasons: Harsh and allegedly ilegally treatment of sellers [LIST] [*]Taking half of every dollar of sellers’ revenue [*]Punishes seller that discount heavily by making them “effectively invisible” on search [*]Forcing vendors to use costly logistics network [*]Forcing vendors to pay for advertising [*]Amazon’s pricing system aka Project Nessie, uses a surveillance network to monitor whether sellers offer their products at a cheaper price on other sites, condemns sellers who do so [*]Amazon also made extensive efforts to hinder the FTC’s investigation [/LIST] The Regulator [LIST] [*]Lina Khan is chair of the FTC [*]Amazon request that Khan be removed from the lawsuit as she was known to be a longstanding critic of Amazon [*]Biden administration adopted a touch approach to crack down corporate power, other lawsuits against Big Tech filed by DOJ/FTC: Google for digital advertising, Meta for acquisitions of IG and Whatsapp and Within, Microsoft acquisition of AB [/LIST] Other lawsuits facing Amazon [LIST] [*]In June, FTC sued Amazon for allegedly tricking customers into signing up for its Prime service without their consent [*]Amazon Prime Video was available on a standalone basis and also comes in a bundle, but Amazon uses dark patterns to prevent users from signing up the former [*]In May, Amazon settled at $25mn for a lawsuit regarding violation of children’s privacy via Alexa [/LIST] Interview questions: Who is FTC? Federal Trade Commission is the equivalent of CMA of the UK. Their aim is to protect consumers from unfair business activities such as regulating antitrust issues. Impact on law firms? Rigorous enforcement from regulators against Big Tech, advisory department will be busier. Law firms with a strong competition, regulatory, and litigation practice will be favoured. Antitrust issues mostly touches technology sector (e.g. Microsoft-AB deal) so IP litigation is highly relevant. [/QUOTE]
Insert quotes…
Verification
Our company is called, "The Corporate ___ Academy". What is the missing word here?
Post reply
Forums
Aspiring Lawyers - Applications & General Advice
My Training Contract Journey
My Daily Commitment
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…