Post by account_disabled on Feb 20, 2024 19:18:20 GMT 10
The House Judiciary Committee noted in its October report that Amazon uses seller data to copy popular products and "kill off" small businesses. New York, California and the Federal Trade Commission opened an investigation against the technology company to see how it collects this data and if it uses it to promote its own products on the web. This is where an antitrust lawsuit could stop. In a recent report in The Wall Street Journal , dozens of investors and entrepreneurs claimed that Amazon had invested in their companies before collecting their data to make products with which to compete. Read more: Amazon or eBay should be responsible for defective products sold on their platforms, according to one of the largest consumer organizations in Europe Amazon could be forced to split its own retail platform from the platform for third parties, meaning it would no longer be able to use the extensive third-party data.
Jeff Bezos' signature denies the biggest. He assures that his relationship with third-party sellers is "mutually beneficial." The technology company has redoubled its efforts to promote how small businesses succeed on its portal. Facebook As Facebook prepares to outsource tough content decisions to its new 'Supreme Court,' experts warn it still operates Middle East Phone Number List within a dictatorship and can't legislate a better government The Federal Trade Commission maintains an ongoing investigation against Facebook , which will determine whether the technology company's purchases - such as Instagram or WhatsApp - were made to neutralize its competition. In September, The Wall Street Journal reported that this Commission was preparing an investigation against the social media giant. According to Politico , the company's CEO, Mark Zuckerberg, has been questioned as part of said investigation.
Zuckerberg has maintained on other occasions that the success of services like TikTok or YouTube – the latter, owned by Google – shows that there is competition in the technology industry. Read more: Mark Zuckerberg says breaking up Facebook would derail efforts to improve the social network's security and privacy With this investigation by the Federal Trade Commission on the horizon, Facebook has reason to worry. Experts believe the most obvious route for Facebook would be for WhatsApp or Instagram to become independent companies. Instagram's advertising revenue is growing rapidly: it already accounts for more than a quarter of the technology giant's total turnover. "The most obvious case for a potential split is Facebook, and I think that's on the table," said Gary Reback, a Silicon Valley antitrust lawyer who helped push the lawsuit against Microsoft three decades ago.