1,000 signatures reached
To: The United States Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights
Break up Amazon's Monopoly and Regulate It
Stop Amazon's Monopolistic Business Practices. Break up and regulate Amazon and its subsidiaries. Put an end to Andy Jassy and Jeff Bezos’ anti-competitive business endeavors. Assist small business and tech start-ups by promoting a healthy competitive market across many industries.
Why is this important?
Jeff Bezos is the Rockefeller of our time and Amazon is Standard Oil's equivalent in the digital age. Amazon needs to be broken into 34 smaller pieces very similar to how Standard Oil was treated nearly 100 years ago.
It needs to be regulated on how it treats employees and its entire workforce. (“NY AG sues Amazon over treatment of warehouse workers” | TechCrunch.) New York State Attorney General Letitia James' office has launched a lawsuit against Amazon for how the corporation has treated its workers during the pandemic.
Amazon needs to be regulated in terms of how it treats its partners and vendors. (“Amazon bullies partners and vendors, says antitrust subcommittee” | cnbc.com.) The House Judiciary subcommittee on antitrust violations issued a report saying that Amazon unfairly treats its business partners.
The monopoly that Amazon enjoys reaches beyond one or two industry sectors. From books and online publishing to Internet commerce and its Amazon Web Services cloud computing, all of its business operations need to be closely scrutinized and regulated. The Federal Trade Commission has been investigating Amazon and other big tech firms for unfair anti-competitive practices.
Amazon's market dominance in each of the industries where it operates is a death sentence for new ventures and startups.
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