89 min listen
Amazon is Eating the Economy
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)
Chris Smalls Is Having A #HotLaborSummer (feat. Chris Smalls): On this week’s Lever Time: David explores how Joe Biden can salvage his presidency; he speaks with Lucas Kunce, who’s running for a senate seat in Missouri; and The Lever’s interview with Amazon Labor Union president Chris Smalls. by Lever Time with David Sirota