A detailed investigation released Thursday reveals that the e-commerce behemoth Amazon is using its market dominance and political influence to gain a foothold in local governments’ purchasing systems, locking school districts into contracts that let the corporation drive up prices for pens, sticky notes, and other basic supplies.ya

  • colournoun@beehaw.org
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    14 days ago

    Remember 10 years ago when the FTC blocked the merger between Staples and Office Depot? They said that Amazon wasn’t a viable competitor.

    “only Staples and Office Depot had the scale and infrastructure to fulfill the needs of major corporations.

    The agency stated these two companies were often the only viable bidders for major corporate contracts, and eliminating their competition would create a monopoly in that segment. The companies countered that Amazon Business and other suppliers were emerging as competitors in the B2B space. In May 2016, a federal judge sided with the FTC, granting an injunction to halt the merger, and the companies terminated the agreement.”

    https://legalclarity.org/staples-vs-office-depot-the-failed-merger-attempts/