Reported 8 months ago
At the end of 2023, Amazon faced a lawsuit from the Federal Trade Commission and 17 state attorneys general for alleged monopolies and antitrust violations. Dana Mattioli, author and WSJ journalist, discussed Amazon's practices in the realms of retail and tech, suggesting that the company's actions have contributed to inflation. She highlighted Amazon's rank and yank practices, cultural shifts under Jeff Bezos, and their contentious relationships with regulatory bodies, leading to speculation on potential repercussions like a breakup as a result of their mishandled government relations.
Source: YAHOO