Unpacking the FTC's case vs. Amazon
GeekWire
GeekWire
4.4 • 116 Ratings
🗓️ 30 September 2023
⏱️ 42 minutes
🧾️ Download transcript
Summary
On this episode of the GeekWire Podcast, we dive deep into the landmark lawsuit filed by the FTC against Amazon with insights from former Amazon seller Jason Boyce, co-author of "The Amazon Jungle," host of the Day 2 podcast, and CEO of Avenue7Media, an agency that works with online sellers.
We discuss the implications of the lawsuit for Amazon, consumers, and sellers in the context of the changing dynamics of the online retail. Boyce, with his 17 years of experience as a seller and his current role working with third-party sellers, offers a unique perspective on Amazon's practices and the broader e-commerce landscape. We also touch upon Amazon's evolving relationship with sellers, the challenges of omni-channel retail, and the rise of new online marketplace competitors.
GeekWire coverage
- FTC and 17 states sue Amazon for maintaining alleged monopoly power that stifles competition
- FTC targets alleged secret Amazon pricing algorithm ‘Project Nessie’ in antitrust complaint
- FTC’s case against Amazon hinges on internal messages and secrets yet to be revealed
Lawsuit: FTC et al vs. Amazon, U.S. District Court for the Western District of Washington
New York Times: For Amazon’s Andy Jassy, a Cleanup Job Just Got a Lot Bigger
Reuters: Amazon drops planned merchant fee as FTC lawsuit looms
CNBC: FTC Chair Lina Khan: Amazon lawsuit is about protecting free and fair competition
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | Sellers would love to see lower fees. I'd love to see it for my clients, but to date we haven't seen it. |
| 0:05.4 | Maybe this pressure will help us there. |
| 0:07.4 | I was just going to say, when you think about structural remedies, perhaps this is the thing that ultimately twists Amazon's arm and forces it to lower fees, |
| 0:21.2 | to the point that these pricing mechanisms aren't nearly as perverse as the FTC |
| 0:27.0 | would allege and they end up having to divest some of their other more far-flung projects. |
| 0:35.0 | Please. |
| 0:36.0 | Very interesting. |
| 0:38.0 | Very interesting. I would not have... |
| 0:39.0 | There's your next headline, Todd, I can't wait to read it. |
| 0:41.0 | Why the FTC's lawsuit is going to kill Project Kuiper. |
| 0:44.3 | There you go. |
| 0:46.7 | That's a great one. |
| 0:47.6 | Hello and welcome to GeekWire. I'm GeekWire co-founder Todd Bishop. |
| 0:56.4 | Well we like to say what happens here matters everywhere in Seattle and this week |
| 1:00.9 | we saw a landmark lawsuit filed by the FTC against Amazon in the |
| 1:06.0 | U.S. District Court in Seattle. We're going to be talking about it on this |
| 1:09.4 | episode of the GeekWire Podcast and I'm happy to be joined by Jason Boyce. |
| 1:14.0 | Jason is great to see you. |
| 1:16.0 | So good to see you, Todd. |
| 1:18.0 | I jumped up for Joy when I got your email. |
| 1:20.0 | Thanks for having me back on the podcast. |
| 1:22.0 | Absolutely, so let me tell people who you are. |
... |
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