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☆ Amazon has a poor man’s monopoly
▼ + stars: | 2023-09-27 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

The $1.3 trillion retailer run by Andy Jassy was sued on Tuesday by the U.S. Federal Trade Commission for alleged anticompetitive practices. She rose to prominence after publishing a paper in the Yale Law Journal in 2017 titled “Amazon’s Antitrust Paradox,” which painted the e-commerce giant as a sprawling monopoly that has gone unchecked by traditional antitrust policing. But Chinese competitors like Shein and Temu, which have different cost structures, are starting to encroach on Amazon’s market. It's possible that Khan and the FTC can nail Amazon in court for behaviors that in the past have given it an exclusive edge. Follow @thereallsl on XCONTEXT NEWSThe U.S. Federal Trade Commission filed an antitrust lawsuit against Amazon.com on Tuesday, asking the court to consider forcing the online retailer to sell assets.

Persons: Andy Jassy, Lina Khan, EBITDA, Walmart’s, hasn’t, Khan, Jonathan Guilford, Sharon Lam Organizations: Reuters, U.S . Federal Trade Commission, Yale Law, Investors, Walmart, Foods, Amazon.com, Alphabet's Google, Thomson Locations: Arkansas, It’s

"With its missionary zeal for consumers, Amazon has marched toward monopoly by singing the tune of contemporary antitrust," Khan, then 29, wrote in the Yale Law Journal. Six years later, Khan, who became the FTC's chair in 2021, is leading the agency's antitrust charge against the online retailer. The FTC's lawsuit filed on Tuesday asks a court to consider forcing the company to sell assets to stop what it said was ongoing harm to consumers. Amazon has fought back and rejected the antitrust lawsuit filed on Tuesday. "By contrast, the FTC's 2021 budget topped out at only $351 million, or slightly more than 1% of Amazon's earnings."

Persons: Lina M, Khan, Bill Nelson, Graeme Jennings, Lina Khan, Andy Jassy, Jeff Bezos, Bezos, David Shepardson, Matthew Lewis Organizations: Commerce, Science, NASA, Capitol, Rights, Federal Trade, Amazon.com, Amazon, Yale Law, FTC, Apple, Facebook, Google, Thomson Locations: Washington , U.S, United States, Washington

The Federal Trade Commission has filed its long-anticipated antitrust lawsuit against Amazon . In a sweeping complaint unveiled Tuesday, the FTC and attorneys general from 17 states accused Amazon of wielding its "monopoly power" to inflate prices, degrade quality for shoppers and unlawfully exclude rivals, thereby undermining competition. David Zapolsky, Amazon's general counsel and senior vice president of global public policy, said in a statement that the FTC's complaint is "wrong on the facts and the law." The lawsuit is a major milestone for FTC Chair Lina Khan, who rose to prominence for her 2017 Yale Law Journal note, "Amazon's Antitrust Paradox." Through her work at the FTC, Khan has sought to reset that framework and push the boundaries of antitrust law through risky legal battles.

Persons: Andy Jassy, David Zapolsky, Amazon's, Zapolsky, Lina Khan, Khan Organizations: New York Times DealBook, Jazz At Lincoln Center, Federal Trade Commission, Amazon, FTC, Yale Locations: New York City

The central bank's quest for a "soft landing" of more slowly rising prices and continued economic growth looks increasingly probable. In fact, the U.S. may hit a sweet spot just as the 2024 presidential election campaign crescendos next year. Rather than cheering, though, after years of economic turbulence since the coronavirus pandemic erupted in 2020, Americans grumble, at least if you ask them about the economy. With fast rising prices and the end of an array of pandemic-era government benefit programs, inflation-adjusted household income fell last year, and the poverty rate increased. A Biden adviser said the White House understands that the economy and inflation are a critical issue, and the campaign has a big media push planned on "Bidenomics."

Persons: Sarah Silbiger, Jerome Powell, crescendos, grumble, Joe Biden, Donald Trump, Jimmy Carter's, Ronald Reagan, George H, Bush, Democrat Bill Clinton, Clinton, Biden, They've, that's, Robert Shiller, stupidly, Shiller, Powell, Howard Schneider, Trevor Hunnicutt, Heather Timmons, Paul Simao Organizations: El Progreso Market, Washington , D.C, REUTERS, Rights, . Federal, Reuters, Republican, Biden, Democrat, U.S . Consumer, Yale University, McKinsey & Company, McKinsey, Thomson Locations: Mount Pleasant, Washington ,, U.S

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. The FTC said that it was asking the court to issue a permanent injunction ordering Amazon.com to stop its unlawful conduct. Other allegations include that Amazon gave preference to its own products on its platforms over competitors also on the platform. During the Trump administration which ended in 2021, the Justice Department and FTC opened probes into Google, Facebook, Apple and Amazon. The FTC sued Facebook during the Trump administration and Biden's FTC has pressed forward with the lawsuit.

Persons: Pascal, Lina Khan, Khan, Trump, Republican Donald Trump, Joe Biden, Diane Bartz, Chris Sanders, Matthew Lewis, Nick Zieminski Organizations: REUTERS, Rights, U.S . Federal Trade Commission, Amazon.com, Amazon, Alphabet's, Google, Facebook, FTC, The Yale Law, Apple, Big Tech, Republicans, Justice Department, The, Republican, Democratic, Thomson Locations: Lauwin, France, Seattle

☆ Ukrainian children as young as 4 months old are being forcibly taken to Russia. Officials don't know what is happening to them.
▼ + stars: | 2023-09-26 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Thousands of Ukrainian kids, including infants, have been forcibly taken to Russia. AdvertisementAdvertisementThousands of Ukrainian children are missing, having been taken by Russian troops since the invasion began last year — and there are conflicting reports about what has happened to them. Because Russian forces have targeted Ukrainian orphanages and other vulnerable populations, the number of taken children is likely "significantly higher," according to the Yale report. An official estimate from the Ukrainian government puts the total number of forcibly displaced kids at just under 20,000. Russia operates at least 43 known facilities dedicated to providing "re-education," military training, and pro-Russia academic instruction to Ukrainian children forcibly removed from their homes, the Yale report indicated.

Persons: —, Joe Biden, Volodymyr Zelenskyy, Biden, Ferit, Vladimir Putin, Maria Lvova, Putin Organizations: Service, United Nations Commission, UN, Yale School of Public Health, Russian, Yale, Ukraine's Ministry, United Arab, Ukraine's Ministry of Defense, of, Russian Federation, Criminal Court, Monday, ICC, Politico, Russia's, Children's Rights Locations: Russia, Ukraine, Ukrainian, Territories, Crimea, Russian, Japan, China, United Arab Emirates, Albania, Moscow, Rome

☆ Amazon is facing a lawsuit from the FTC and 17 US states. They say it's stifling competition and keeping prices high.
▼ + stars: | 2023-09-26 | by ( Associated Press | ) www.businessinsider.com time to read: +6 min

Amazon is facing an antitrust lawsuit from the Federal Trade Commission and 17 states. The suit claims Amazon is leveraging its power to inflate prices and overcharge small sellers. The FTC has been gathering evidence for months to show how Amazon disadvantages sellers. Some of the agency's allegations in the Amazon case mirrors those made in a separate lawsuit last year by the state of California. The federal complaint follows other actions the FTC has taken against Amazon in the past few months.

Persons: —, biasing, Lina Khan, Khan, FTC's Khan Organizations: Federal Trade Commission, FTC, Service, Court, Western, of, Amazon, Institute for Local, Essentials . Booksellers, of Justice, Big Tech, Yale, District of Columbia, Amazon Prime Locations: of Washington, California

NEW YORK (AP) — A dozen years ago, Barkley L. Hendricks, the pioneering portrait artist known for vivid, stylish paintings of Black men and women, stood outside the Frick Collection in Manhattan, known for its works by European Old Masters. Still, curators say, he'd likely have never imagined that in 2023, he’d be the first artist of color to have a solo show at the 88-year-old Frick. What is more unusual is that a museum focusing on the 14th through 19th centuries would devote a show to a contemporary portraitist like Hendricks. His sunglasses reflect the buildings outside Hendricks' studio, and even contain a tiny reflection of the artist himself. “Slick” features the artist in a white suit against a white background, wearing a cap of African design.

Persons: Barkley, Hendricks, Rembrandt, “, he’d, Frick, ”, Antwaun Sargent, ” It’s, Van Dyck, Van Eyck, Aimee Ng, ” Ng, Frick Madison, Angela Davis —, Kathy Williams, Nina Simone, Kehinde Wiley, Barack Obama, Barkley Hendricks, “ Woody, Alvin Ailey, Woodruff Wilson, Steve ”, Sargent, ” Hendricks, ” Sargent, Susan, Donald Formey, Ng, Formey, ‘, “ Slick ” Organizations: Frick, European Old, Polaroid, Beaux, Pennsylvania Academy, Fine Arts, Connecticut College, ” Locations: Manhattan, Van, Velásquez, New York, New York City, Jan, Philadelphia, ”, Europe

☆ Florida Takes the Classic Learning Test
▼ + stars: | 2023-09-25 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Michigan Tech has come out on top and Harvard at the bottom in the largest-ever survey looking into the state of free speech on America's college campuses. Most elite colleges, including Penn and Yale, trail larger state schools with more working-class students. Images: Shutterstock/FIRE Composite: Mark KellyFlorida’s state university system will now accept the Classic Learning Test in college admissions, after the board of governors voted this month to approve the CLT as an alternative to the national testing duopoly of the SAT and ACT. Whether the classic test will catch on is anybody’s guess, but credit to its creators, and Florida, for giving it the college try.

Persons: Mark Kelly Organizations: Michigan Tech, Harvard, Penn, ACT Locations: Yale, Florida

☆ Trade ties between China and the EU are 'at a crossroads' over Russia's war in Ukraine, senior official warns
▼ + stars: | 2023-09-25 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

China's relations with the EU are "at a crossroads," a senior official said. The FT reported comments from Valdis Dombrovskis on China's support for Russia's war in Ukraine. "We can choose a path towards mutually beneficial relations...or we can choose a path that slowly moves us apart." Given Beijing's support of states' territories, he said "it's very difficult for us to understand China's stance on Russia's war against Ukraine, as it breaches China's own fundamental principles." China, for its part, has deepened its trade ties to Russia over the last year.

Persons: Valdis, Valdis Dombrovskis, Dombrovskis, Jeffrey Sonnenfeld Organizations: Service, European Union, European Commission, Financial, Ukraine, Yale Locations: Ukraine, Wall, Silicon, Beijing, China, Russia

☆ How to Take Care of Your Skin in the Fall and Winter
▼ + stars: | 2023-09-25 | by ( Anna Maltby | ) www.nytimes.com time to read: +1 min

As the outside air cools and the heat starts to crank on indoors, you may notice your skin becoming flaky, maybe even a bit itchy. Welcome to fall and winter. When temperatures drop, the air gets drier — both indoors and outdoors — and moisture gets pulled from the lipid barrier. With less hydration, the turnover of skin cells is impaired and they start to clump together, which people can experience as dry, flaky or even scaly skin, Dr. Craiglow said. Some are more susceptible to developing dry skin in cooler weather, particularly older adults and those with eczema, said Dr. Jeffrey Weinberg, a clinical professor of dermatology at the Icahn School of Medicine at Mount Sinai.

Persons: ”, Brittany Craiglow, Craiglow, Jeffrey Weinberg Organizations: Yale School of Medicine, Icahn School of Medicine Locations: Fairfield , Conn, Mount Sinai

Like, what if this doesn't end and this is how it's going to be?”Maxwell blames climate change, and she's not alone. And about 65% say climate change will have or already has had a major impact in their lifetime. About 9 in 10 Democrats say climate change is happening, with nearly all of the remaining Democrats being unsure about whether climate change is happening (5%), rather than outright rejecting it. Republicans are split: 49% say climate change is happening, but 26% say it’s not and an additional 25% are unsure. Overall, 74% of Americans say climate change is happening, largely unchanged from April.

Persons: Kathleen Maxwell, “ It's, ”, Maxwell, “, ” Maxwell, she's, they've, they’ve, Anthony Leiserowitz, Bruce Alvord, doesn't, Alvord, Republican Ronald Livingston, he's, ” Livingston, Jeremiah Bohr, Bohr Organizations: Associated Press, NORC, for Public Affairs Research, Northern, World Meteorological Organization, Yale, Republican, Chrysler, Republicans, University of Wisconsin, Phoenix, AP Locations: Phoenix, United States, U.S, —, Hagerstown , Maryland, Clute , Texas, Oshkosh

They declined to state how much Amazon now would own of Anthropic or the startup's updated valuation, last estimated at more than $4 billion. The deal also shows ongoing maneuvering by the cloud companies to secure ties with AI startups reshaping their industry. Yet with Monday's deal, Anthropic is giving a boost to Amazon Bedrock, a service that has attracted thousands of users to start building AI applications. LexisNexis, a data analytics company, is working with Anthropic and Amazon to make its own legal search capabilities more "intelligent," Amodei said. Asked if Amazon would invest in additional AI startups beyond Anthropic, Selipsky said, "I honestly don't know what the future will hold."

Persons: Anthropic, OpenAI, Adam Selipsky, Dario Amodei, Pascal, Selipsky, Claude, Amodei, Jeffrey Dastin, Kenneth Li Organizations: FRANCISCO, Amazon, Microsoft, Google, Amazon's, REUTERS, LexisNexis, Bridgewater Associates, Thomson Locations: Anthropic, San Francisco

Amazon's employees and cloud customers will gain early access to technology from Anthropic as part of the deal, which they can infuse into their businesses. They declined to state how much Amazon now would own of Anthropic or the startup's updated valuation, last estimated at more than $4 billion. The deal also shows ongoing maneuvering by the cloud companies to secure ties with AI startups reshaping their industry. Yet with Monday's deal, Anthropic is giving a boost to Amazon Bedrock, a service that has attracted thousands of users to start building AI applications. Asked if Amazon would invest in additional AI startups beyond Anthropic, Selipsky said, "I honestly don't know what the future will hold."

Persons: Anthropic, OpenAI, Adam Selipsky, Dario Amodei, Selipsky, Claude, Amodei, Jeffrey Dastin, Kenneth Li Organizations: FRANCISCO, Amazon, Microsoft, Google, Amazon's, GOOGLE, LexisNexis, Bridgewater Associates, Thomson Locations: Anthropic, San Francisco

☆ FTC to file antitrust case against Amazon as soon as Tuesday - Politico
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen, November 15, 2022. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsCompanies Amazon.com Inc FollowSept 22 (Reuters) - The Federal Trade Commission (FTC) will file a long-awaited antitrust lawsuit against Amazon (AMZN.O) in federal court as soon as Tuesday, news site Politico reported on Friday, citing three people with knowledge of the matter. One of the final hurdles before the FTC sues Amazon is to get as many states as possible to sign on to the complaint, according to the report. FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon's structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny. Reporting by Urvi Dugar and Yuvraj Malik in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Lina Khan, Urvi Dugar, Yuvraj Malik, Shilpi Majumdar Organizations: REUTERS, Federal Trade Commission, Amazon, Politico, FTC, Reuters, Yale, Thomson Locations: Bengaluru

☆ The Senator’s Shorts and America’s Decline
▼ + stars: | 2023-09-22 | by ( Peggy Noonan | ) www.wsj.com time to read: +1 min

Peggy Noonan is an opinion columnist at the Wall Street Journal where her column, "Declarations," has run since 2000. She has been a fellow at Harvard University’s Institute of Politics, and has taught in the history department at Yale University. Before entering the Reagan White House, Noonan was a producer and writer at CBS News in New York, and an adjunct professor of Journalism at New York University. She was born in Brooklyn, New York and grew up there, in Massapequa Park, Long Island, and in Rutherford, New Jersey. In November, 2016 she was named one of the city's Literary Lions by the New York Public Library.

Persons: Peggy Noonan, ”, ” Noonan, Ronald Reagan, Noonan Organizations: Wall, Journal, NBC News, The, Harvard University’s Institute of Politics, Yale University, Reagan White House, CBS News, Journalism, New York University, Fairleigh Dickinson University, Lions, New York Public Library Locations: New York, Brooklyn , New York, Massapequa Park, Long, Rutherford , New Jersey, Rutherford, New York City

☆ FTC to file antitrust case against Amazon as soon as Tuesday, Politico reports
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsSept 22 (Reuters) - The Federal Trade Commission will file a long-awaited antitrust lawsuit against Amazon (AMZN.O) in federal court as soon as Tuesday, Politico reported on Friday, kicking off the latest leg in the US effort to rein in the market power of Big Tech companies. The legal action, which would follow federal lawsuits filed against Alphabet's (GOOGL.O) Google and Meta's (META.O) Facebook, has been expected after years of complaints that the big tech companies abused their dominance. Amazon.com, for example, has been accused of buying competitors to thwart competition and abusing third-party sellers on its platform, among other allegations. The American tech giant has been criticized for allegedly favoring its own products and disfavoring outside sellers on its platform. FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon's structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny.

Persons: Pascal, Lina Khan, Urvi Dugar, Yuvraj Malik, Shilpi Majumdar, Chizu Organizations: REUTERS, Federal Trade Commission, Amazon, Politico, Big Tech, Alphabet's, Google, Facebook, FTC, Reuters, Yale, Thomson Locations: Bengaluru

☆ Is Seattle Ready to Stop Deteriorating?
▼ + stars: | 2023-09-21 | by ( James Freeman | ) www.wsj.com time to read: 1 min

James Freeman is assistant editor of The Wall Street Journal's editorial page and author of the weekday Best of the Web column. He is the co-author of "Borrowed Time: Two Centuries of Booms, Busts and Bailouts at Citi," recognized as a New York Times Editors' Choice and a Financial Times Business Book of the Month. He is a contributor to the Fox News Channel and a host of "Deep Dive" on Fox Nation. Before joining the Journal in September 2007, James served as investor advocate at the U.S. Securities and Exchange Commission, where he encouraged the transformation of financial reporting technology to benefit individual investors. Follow James on Twitter @FreemanWSJ

Persons: James Freeman, Bailouts, James Organizations: Citi, New York Times, Financial, Fox News Channel, Fox Nation, U.S . Securities, Exchange Commission, Yale, Twitter

Over the years, Murdoch's family has also risen into the spotlight — accompanied by stories of vindictive business tactics and inter-family rivalries. WHO IS LACHLAN MURDOCH? Lachlan has been CEO for Fox Corp. since 2019, following Disney's acquisition of 21st Century Fox. Lachlan rose to executive ranks of the family business, then known collectively as News Corp, in the 1990s and early 2000s. James Murdoch is Lachlan's younger brother, also among the children from their father's second marriage.

Persons: Rupert Murdoch, Lachlan, Murdoch, Australia —, James, Elisabeth, Prudence, ” Murdoch, LACHLAN MURDOCH, Lachlan Murdoch, Anna, —, Fox's, Roger Ailes, JAMES MURDOCH, James Murdoch, James —, ” James, Murdochs, ELISABETH MURDOCH, Elisabeth Murdoch, Murdoch's, PRUDENCE MURDOCH MACLEOD, Prudence Murdoch MacLeod, Patricia, Prudence didn’t, CHLOE MURDOCH, Grace, Chloe Murdoch, Rupert Murdoch’s, Wendi Deng, Chloe, Kathryn Murdoch Organizations: — Media, Monday, Fox News, News Corp, HBO, Fox Corp, Fox, Century Fox, Fox Television, New York, CNN, Illyria Pty, WHO, News . Corp, Street Journal, Harvard University, Rawkus Records, Star India, Sky, British Sky Broadcasting, Sky Networks, Shine, Endemol, Times Newspapers, News UK, Yale University, Stanford University, AP Locations: Adelaide, Australia, U.S

PinnedFederal Reserve officials are expected to leave interest rates unchanged at their meeting on Wednesday, buying themselves more time to assess whether borrowing costs are high enough to weigh down the economy and wrestle inflation under control. Central bankers have already raised interest rates to a range of 5.25 to 5.5 percent, the highest level in 22 years. At least a few officials might stop expecting another quarter-point rate move this year, predicting instead that interest rates have already reached their peak. If, on the other hand, officials expect to lower rates by less in 2024, it could be a signal that policymakers expect inflation to prove more stubborn. Fed officials will release fresh economic forecasts.

Persons: Jerome H, Powell, ”, Antúlio Bomfim, Powell’s, “, William English Organizations: Federal Reserve, Fed, Trust Asset Management, United Auto Workers, Yale Locations: America, Panama

☆ How to Change Your Mind-Set About Aging
▼ + stars: | 2023-09-20 | by ( Holly Burns | ) www.nytimes.com time to read: +1 min

From the crotchety neighbor to the clueless Luddite, negative stereotypes of aging are everywhere. To change your negative age beliefs, you first need to become more aware of them, Dr. Levy said. “People can strengthen their positive age beliefs at any age,” Dr. Levy said. In one 2014 study, 100 adults — with an average age of 81 — who were exposed to positive images of aging showed both improved perceptions of aging and improved physical function. Find aging role models.

Persons: Becca Levy, Levy, ” Dr, you’re, ”, Regina Koepp Organizations: Yale

☆ Trajal Harrell’s Dance Card Is Full
▼ + stars: | 2023-09-20 | by ( Laura Cappelle | ) www.nytimes.com time to read: +1 min

Harrell’s imagination was shaped, he said, by his “very idyllic Southern upbringing” in Douglas, as part of a well-to-do Black family. He came of age in the ’50s, and managed to buy land,” Harrell said. My grandparents were always using metaphors, like: ‘There’s more than one way to skin a cat.’”The academically gifted Harrell was pushed to be ambitious by his college-educated parents. After years as a freelance choreographer, in 2019, Harrell was invited to form a permanent dance company at the Schauspielhaus Zurich, one of the German-speaking world’s most high-profile theaters. What if there had been like a community of people to support her?,” said Harrell, who studied with the feminist thinker bell hooks at Yale.

Persons: ”, “, ” Harrell, Harrell, Nathaniel Hawthorne’s, ” “ I’ve Organizations: Schauspielhaus, Yale Locations: Douglas, Schauspielhaus Zurich

☆ Elite Parents Pay Millions for Chance at Ivy League Acceptance
▼ + stars: | 2023-09-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Parents are willing to pay upward of $1 million to try to ensure an acceptance letter to Harvard or Princeton. It's not a request Command Education honors, as the company often sticks with clients for years — starting in seventh or eighth grade for some. Command EducationHis fee is more than the average starter home, but Rim says Command Education isn't the priciest firm in the industry. And, some parents offer even more in the hopes of securing their child's admission to an Ivy League school. AdvertisementAdvertisementRim says Command Education often sells out of its fewer than 200 slots for clients.

Persons: they'll, Christopher Rim, Rim, Chris, Princeton — Organizations: Command, Service, Ivy League, Harvard, Princeton, Christopher, Bloomberg, New York's Trinity School, Yale, Ivy, New York Post, Columbia, Stanford, MIT Locations: Wall, Silicon, New, Rim

☆ Elite Parents Pay Millions for a Chance at Ivy League Acceptance
▼ + stars: | 2023-09-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Some parents are willing to pay nearly $1 million to try to ensure an acceptance letter to Harvard or Princeton. Christopher Rim, the 28-year-old founder and CEO of Command Education, charges parents $750,000 for six years of his company's college counseling services, Bloomberg reported. It's not a request Command Education honors as the company often sticks with clients for years — starting in seventh or eighth grade for some. Command EducationHis fee is more than the average starter home, but Rim says Command Education isn't the priciest firm in the industry. AdvertisementAdvertisementRim said Command Education often sells out of its less than 200 slots for clients.

Persons: they'll, Christopher Rim, Rim, Chris, It's, Princeton — Organizations: Command, Service, Ivy League, Harvard, Princeton, Christopher, Bloomberg, New York's Trinity School, Yale, Ivy, New York Post, Columbia, Stanford, MIT, Command Education Locations: Wall, Silicon, New, Rim, New York

☆ Op-ed: FTC's crackdown against Amazon is necessary for long-term innovation, startup investor argues
▼ + stars: | 2023-09-19 | by ( Bradley Tusk | ) www.cnbc.com time to read: +5 min

The howls will begin the minute the FTC's lawsuit against Amazon hits the clerk's desk. What you don't see on that list is anything that could attempt to compete with Amazon or Meta or Apple or Microsoft or Google . Whenever we look at a startup that would directly compete with a company like Amazon, the answer to the second question is always, "yes, definitely." I think Amazon is a great company. Luckily, as these earlier giants started to falter, companies like Apple and Microsoft took off, and companies like Google, Amazon and Meta came along.

Persons: Lina Khan, Khan, I'm, we're, Bernie Sanders, it's, there's, Bradley Tusk Organizations: Yale Law, Amazon, FTC, Tusk Venture Partners, Apple, Microsoft, IBM, GE, Google, Meta, Department of Justice Locations: Larchmont , New York, Alma, Manhattan

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