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What Next TBD: Is Amazon a Monopoly?

Slate Daily Feed

Slate Podcasts

News, Business, Society & Culture

41.1K Ratings

🗓️ 29 September 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Amazon evolved from a place to get cheap used books to the “everything store”—one encompassing warehouses, logistics and shipping. But with the FTC now run by Lina Khan—who wrote the essay ‘Amazon’s Antitrust Paradox” while at Yale Law School—a new contender for “antitrust trial of the century” has begun. Guest: Leah Nylen, antitrust reporter for Bloomberg If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Leah, where have we reached you?

0:08.2

I am hiding on the fourth floor of the DC District Courthouse during a lunch break in

0:13.8

USB Google.

0:18.8

Leah Nyland is a reporter for Bloomberg News who covers antitrust.

0:23.9

She's also kind of my lawsuit buddy.

0:26.6

The person who helps explain what it means when the government files a case against

0:30.6

big tech, which has happened a lot lately, with Google and Amazon, and yet again, Amazon.

0:38.3

I mean, I feel like at this point I have you on antitrust speed dial.

0:45.6

Yeah, I don't mind, you know.

0:49.4

Leah was kind enough to take a break from one antitrust case to talk to us about another.

0:54.8

The suit, the Federal Trade Commission, and 17 states filed this week against Amazon,

1:00.5

saying the company broke the law in order to keep its monopoly position in e-commerce.

1:06.0

Where does it stack up in the pantheon of big tech cases?

1:10.7

I have been telling people that we can't call USB Google like the antitrust trial this

1:15.4

century anymore because now we have FTCV Amazon and that might, you know, just place it.

1:26.1

Would you say this is the case that Lena Khan has been waiting for?

1:29.7

This is definitely the case that Lena Khan has been waiting for.

1:33.0

She has been making the media rounds a little bit this week, which she doesn't do that often.

1:39.8

So, you know, it was a little bit special and talking a lot about why they think that

1:45.3

this is like a really important landmark case for them to bring and how it's actually

1:50.2

different from the paper that she sort of rose to fame after writing in 2017.

1:58.4

Back in 2017, Lena Khan was just a law student writing in the Yale Law Journal about Amazon

...

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