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#International_Tech_News | Good #Morning World
Btw folks the only reason this kick the can down the road made this announcement TODAY is bc the USA is Funding Big Tech War Contracts to Criminals WHEN Active Anti Trust Cases have not been settled yet?????
The USA Government is FUNDING #BIGTECH (aka #Domestic_Terrorism) TO THE TUNE OF 9 #BILLION OF YOUR #MONEY!!??
#GLOBAL_SURVAILLANCE OF THE #MASSES | #WAR_CONTRACTS
ALL CROOKS NEED TO BE LOCKED UP YESTURDAY.. NOT FUNDING WAR CONTRACTS to #Domestic_Terrorist's
Folks there is NO #CIA or #NSA.
#FANG IS THE NEW #CIA AND #NSA.
Don't be fooled.
#FTC prepares #THE_BIG_ONE?? -- a MAJOR LAWSUIT Targeting #Amazon’s #CORE_BUSINESS..
Amazon to be #accused of #punishing_sellers who don't use its #fulfillment services..
FTC filed three other lawsuits against Amazon.
#Khan was known as a critic of Amazon before becoming FTC chair in 2021. In 2017, Khan wrote a Yale Law Journal article titled "Amazon's #Antitrust Paradox," which argued for a more aggressive approach to #antitrust_enforcement to counter "Amazon's #dominance."
The FTC #sued Amazon last week, claiming it #violated #US_law by #tricking_consumers into #signing_up for the $14.99-per-month #Amazon_Prime_subscription service and making it exceedingly difficult to #cancel. In the Prime case, the FTC is seeking a #permanent_injunction, #civil_penalties, and other monetary relief.
The FTC also recently filed one #privacy_lawsuit against Amazon with allegations related to #kids' #Alexa_voice_recordings and another with allegations that Amazon's #Ring_division #invaded users' privacy by "allowing #thousands of #employees and #contractors to watch video recordings of customers' #private_spaces." In both cases, Amazon agreed to settlements requiring financial penalties and changes to privacy practices.
Amazon fulfillment takes big chunk of seller revenue (DAVIDV: #FBA FULLFILLMENT BY AMAZON | #ILLEGAL_DROPSHIPPING OUT OF #TAWIAN FOR 2 #DECADES) | Third-party sellers can rely on Amazon for warehousing, shipping, and other services through the Fulfillment by Amazon (FBA) system, but it takes a big cut out of their revenue. A recent Marketplace Pulse study based on profit and loss statements from a sample of sellers found that "Amazon is #pocketing more than 50 #percent of sellers' revenue—up from 40 percent five years ago," because "Amazon has increased fulfillment fees and made spending on advertising unavoidable."
(DavidV: 50% is #usery! we used to hang snale oil sales people for usery - any interest rate above 10-12 percent is USERY including Credit Cards | all should be arrested thrown in prison for usery | look it up!)
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