Jeff Bezos’ rise to power and the growth of Amazon from a quirky bookstore to a massive corporation with diversified businesses is nothing short of impressive. However, this success has not been without controversy. In recent years, regulators have accused Amazon of participating in illegal market behavior, leading to calls for the e-commerce giant to be held accountable for violating antitrust laws.
One landmark lawsuit filed by the Federal Trade Commission highlights how Amazon has been accused of engaging in illegal practices. Despite this, regulators have turned a blind eye towards Amazon for decades, allowing the company to dominate the market unchecked. However, this could all change as calls grow louder for Amazon to be held accountable for its actions.
In Monday’s episode of Lever Time, David Sirota and Senior Podcast Producer Arjun Singh delve into the history of how an ideological movement influenced by business interests hindered antitrust enforcement in the United States for almost half a century. This episode will focus on why Jeff Bezos was able to create his vast empire despite regulatory oversight and what it means for the future of antitrust enforcement in America.
