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Amazon is Eating the Economy

Amazon is Eating the Economy

FromLever Time with David Sirota


Amazon is Eating the Economy

FromLever Time with David Sirota

ratings:
Length:
29 minutes
Released:
Apr 26, 2024
Format:
Podcast episode

Description

Thirty years ago, Amazon was a quirky internet bookseller. But even back then, founder Jeff Bezos wanted to build an empire. Today, Amazon has inserted itself into almost every facet of daily life, and it’s done so by ruthlessly muscling out competition — likely using illegal market tactics.For years, regulators watched Amazon’s growth and failed to investigate claims that the company violated federal law by engaging in predatory pricing. That changed last year when Federal Trade Commission Chair Lina Khan announced she and 17 state attorneys general were suing Amazon and charging it with being an illegal monopoly. The thing is, Amazon probably could have been sued a long time ago. On this week’s Lever Time, David Sirota and Arjun Singh unpack how an ideological movement successfully suppressed efforts to challenge corporate monopolies in the United States for nearly half a century and enabled Amazon’s unprecedented rise. To become a Lever premium member and get access to exclusive bonus podcast content and more, head to levernews.com to subscribe. 
Released:
Apr 26, 2024
Format:
Podcast episode

Titles in the series (100)

From LeverNews.com — Lever Time is the flagship podcast from the investigative news outlet The Lever. Hosted by award-winning journalist, Oscar-nominated writer, and Bernie Sanders' 2020 speechwriter David Sirota, Lever Time features exclusive reporting from The Lever’s newsroom, high-profile guest interviews, and expert analysis from the sharpest minds in media. Stop — Lever Time.