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Amazon is earning billions in profit at the cost of 3rd party sellers: Report - Vimarsana News

Amazon is earning billions in profit at the cost of 3rd party sellers: Report

In 2019, Amazon pocketed $60 billion in seller fees and this year, its take will soar to $121 billion, according to the report titled 'Amazon's Toll Road' by the Institute for Local Self-Reliance.

Source: ummid.com
Big Tech critic Lina Khan will be the U.S. competition regulator - Vimarsana News

Big Tech critic Lina Khan will be the U.S. competition regulator

Big Tech critic Lina Khan will be the U.S. competition regulator U.S. President Joe Biden has called Lina Khan a prominent critic of the power of big tech companies to head the Federal Trade Commission, according to a person familiar with the matter. The decision goes up 32-year-old professor at Columbia University School of Law To have a strong anti-monopoly role in the Biden administration as a member of Congress vow to swear About the anti-competitive behavior of the largest U.S. technology groups. Khan was created on the same day he was confirmed by the U.S. Senate to appoint him preside...