Amazon & Google Antitrust Cases Highlight “Newfound Vigor” to Fight Monopolies
The Federal Trade Commission and 17 states launched a broad antitrust case against Amazon on Tuesday, but its specifics are still unknown since so much of it is hidden from the public. We discuss the importance of this action, which was filed only two weeks after the start of a historic antitrust trial against Google, with David Dayen, author of Monopolized: Life in the Age of Corporate Power. After approximately 40 years of inactivity, there is “all this activity in the antitrust space,” according to Dayen, who claims that FTC Chair Lina Khan is leading the effort. The Biden administration has put in place a muscular team of antitrust enforcers, and Khan truly halted this alarming trend of the last 40 days.