"Amazon is a monopoly. And we’re going to stop them."
"We need strong antitrust legislation to hold abusive corporations accountable." —Anthony Castellena, @TeamstersJC16
"We are surrounded by monopolistic corporations. We are in the epicenter of the new gilded age." — @EmilyAssembly
"It’s time we do something about strengthening our antitrust laws. It’s a kitchen table issue that matters to workers, that matters to consumers." —@DickGottfried
"Abusive corporations have too much power over our economy and this must stop...These corporations are forcing small businesses in our communities to close. This is wrong." —Leroy Johnson, former small biz owner & member of @nychange
"This is an iron triangle of power. You've got labor, you've got small businesses, and you've got civil rights and community leaders coming together.
"These large corporations are getting away with murder. They push all government — the federal government, the state government — to bend to their reality.
We're not going to take it anymore."
"Monopoly power is the biggest threat to small businesses and this bill does a lot to help them." —Katy Milani, @ILSR
.@SenGianaris kicks off the event by discussing @amazon's threat to communities.
"The incredible power that they have amassed stretches well beyond the business world. They assert themselves politically, they assert themselves in ways that are very dangerous for our democracy."
.@SenGianaris stresses the importance of passing New York's 21st Century Antitrust Act in the next legislative session.
"This would be nothing short of a revolution in the way we handle antitrust issues in this country." 👏
The @FTC today filed a revised suit providing detailed proof of @Facebook’s >60% market share + laying out the copy-acquire-kill strategy @Facebook has used to build this unprecedented and dangerous power.
THREAD 🧵👇
2/ This case represents today’s new-look @FTC jumping at a chance to right the commission’s previous wrongs.
It includes a strong Section 2 claim and clearly explains the anticompetitive nature of @Facebook acquisitions of @WhatsApp and @Instagram.
3/ Today’s news is therefore a huge and promising step toward restoring the promise of the American economy.
It shows the new leadership at @FTC is committed to pursuing economic fairness and meaningful competition, no matter how powerful the enemies it makes doing so.
Apparently it's not enough for Bezos' empire to trap actually-productive people in their exploitative business model -- they want to turn them into PR props too. cnbc.com/2021/08/18/ama…
.@amazon forces sellers to pay a host of fees if they want their products to be seen. But even that is no guarantee they’ll be able to fairly compete.
That's not investing in small biz, it's theft. Don’t just take our word for it, listen to a seller:
Here’s just one tactic @amazon uses: It forces sellers to pay to use @amazon’s logistics network if they want to reach customers — even if the sellers are better at handling logistics than @amazon is. thenation.com/article/politi…
Enforcing our antitrust laws will protect small businesses from being taken advantage of, lied to, and retaliated against by big corporations like … @amazon.
2/ @amazon forces sellers to pay a host of fees if they want their products to be seen. But even that is no guarantee they’ll be able to fairly compete.
That's not investing in small biz, it's theft. Don’t just take our word for it, listen to a seller 👇
3/ Here’s just one tactic @amazon uses: It forces sellers to pay to use @amazon’s logistics network if they want to reach customers — even if the sellers are better at handling logistics than @amazon is. thenation.com/article/politi…