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Motley Fool Hidden Gems Investing

Matchmaking, Break-ups, and a Survivor

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 27 September 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

It’s the antitrust case everybody saw coming – does it have merit?   (00:21) Asit Sharma and Dylan Lewis discuss: - The FTC’s antitrust case against Amazon, the case’s merits and how Amazon has forced innovation in e-commerce. - What Tinder’s new $500/month “Select” tier says about freemium business models. - Alibaba’s plan to spin out its first business unit – logistics segment Cainiao.  (16:02) The Motley Fool’s own Emily Flippen will be on the 45th season of Survivor – ahead of the show’s premiere tonight on CBS, Mary Long caught up with Emily about why she was excited to take on the challenge of being a castaway.  Companies discussed: AMZN, MTCH, BABA, LULU, WM, TXRH Host: Dylan Lewis Guests: Asit Sharma, Mary Long, Emily Flippen Engineers: Dan Boyd  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got stories of matchmaking and potential breakups.

0:08.2

Motley Fool Money starts now.

0:12.8

I'm Dylan Lewis and I'm joined by the Airwaves by Motley Fool Analyst, Asit Sharma.

0:25.0

Asit thanks for joining me.

0:26.3

Dylan thank you for having me again.

0:28.5

So today we are talking dating, split ups and trust, or I guess antitrust, Asit will

0:34.4

start with the antitrust.

0:35.9

The FTC and 17 states alleged that Amazon is monopolist and uses unfair and anti-competitive

0:42.1

strategies to stop rivals and sellers from lowering their prices, resulting in a worse

0:47.2

experience for shoppers, overcharging for sellers, and something that may stifle innovation.

0:52.9

Asit Amazon is down 5% on the news.

0:55.0

Are you surprised by this move from the FTC?

0:57.2

Not really Dylan, I mean this is the history of US commerce, companies get big, they enjoy

1:04.4

competitive advantages, they get to what some perceive is near monopolistic status, and

1:11.2

then the government tries to step in and figure out if this is actually an unfair business,

1:16.3

a business that isn't treating customers right.

1:18.8

So we've seen big tech being a target of regulation over the past couple of decades.

1:25.5

It's no surprise to me, it was just a matter of time.

1:28.6

I don't know a lot about antitrust and the way that these things tend to play out, but

1:32.0

I know a lot of it tends to hinge on how you define a market.

1:36.0

The FTC is alleging that Amazon's anti-competitive conduct occurs in two markets in particular.

1:42.5

Their online super store market that serves shoppers, and that is where Amazon, the FTC alleges,

...

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