Will a Monopoly-Busting Amazon Lawsuit be Biden’s Boldest Move Against Tech So Far?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 8 October 2023
⏱️ 57 minutes
🧾️ Download transcript
Summary
A long-awaited antitrust case against Amazon’s massive online retail operations is expected to be filed in federal court as soon as Tuesday, according to three people with knowledge of the matter. The Federal Trade Commission has been preparing a complaint since at least the start of this year targeting an array of Amazon’s business practices. Also, is SCOTUS going after abortion pills? In a case that takes up the availability of widely used abortion pill mifepristone, justices could decide whether a single court can limit abortion access in states that protect it, as well as roll back Food and Drug Administration drug approvals.
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Transcript
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| 0:28.1 | iHeartRadio |
| 0:42.6 | This is the Tom Harbin program. |
| 0:48.4 | Welcome back. |
| 0:50.4 | First off, Michael and Del, the my pillow CEO. |
| 0:54.8 | In my mind, he's pretty much a tragic figure. |
| 0:59.7 | If I'm recalling correctly, seriously into cocaine at one point, I just googled it here. |
| 1:05.6 | He went from crack addict to self-made millionaire over on CNBC as the story. |
| 1:11.0 | And he's now talking about how American Express, apparently he's running his company with a credit line |
| 1:19.1 | that he got from American Express Bank, or maybe he's just using his American Express credit card. |
| 1:24.4 | I don't know, but he had a million dollar credit line and American Express just cut it down to |
| 1:30.0 | a hundred thousand dollars. And he's publicly saying that he has lost a hundred million dollars |
| 1:36.3 | because major retailers stop carrying his products because of his efforts to overthrow our government. |
| 1:43.6 | And that he was talking to Steve Bannon. He said, Steve, we really need everybody's help right now. |
| 1:50.4 | We have things going and I'm going to let you all know this week, American Express. |
| 1:53.8 | I wasn't going to say this. I've been with them 15 years. We do all our online marketing, |
| 1:57.5 | all our shipping with them. Out of the blue, they took our credit line from a million |
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