#Amazon#BigTech#Antitrust#Competition: "The Everything War makes a compelling case that no company should be this powerful. For many sellers, Amazon is now their main route to market. Khan’s lawsuit argues that the company has leveraged this to force them to buy other services such as advertising and fulfilment (in 2022, Amazon surpassed UPS to become America’s biggest non-governmental delivery service). Swelled by this influx, its take of sellers’ revenues rose from 19 per cent in 2014 to 45 per cent in 2023, according to the Institute for Local Self-Reliance, an anti-monopoly group, which adds that prices had to go up to offset these fees. A Borkian might argue that Amazon’s success is the reward for being efficient and raising consumer welfare. But with less and less competition providing a benchmark, these notions of welfare become very hard to gauge."
