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The Role of Billionaire Blockholders in Stifling Competition in Corporate America /
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2024-05-29 12:02:54

The Role of Billionaire Blockholders in Stifling Competition in Corporate America on Nostr: US Judge Rejects Amazon's Bid to Dismiss FTC Lawsuit Over Prime Enrolments ...

US Judge Rejects Amazon's Bid to Dismiss FTC Lawsuit Over Prime Enrolments
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#726a0ff0 ver:0.18

US judge rejects Amazon's bid to dismiss FTC lawsuit over Prime enrolments. FTC Chair Lina Khan emphasizes the impact of corporate concentration on competition and innovation. Critics question the effectiveness of antitrust in addressing income inequality. The FTC expands focus on antitrust issues, including private equity. President Biden issues executive order to promote competition and root out illegal pricing. Questions remain about legal authority to address aggressive pricing strategies. Companies facing antitrust scrutiny funneled money to Sen. Shaheen. US judge denies FTC complaint alleging Amazon enrolled users in Prime without consent. FTC criticized for focusing on luxury handbags in antitrust case. #Antitrust #Competition #CorporateConcentration #PrivateEquity #FairPricing #FTC #Amazon #BidenAdministration #Monopolies #AntitrustEnforcement #Innovation #IncomeInequality #CompetitionPolicy...

#newstr #Ftc #Antitrust #LuxuryHandbags #BidenAdministration

https://here.news/story/726a0ff0?ver=0.18
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