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Amazon execs destroyed years of evidence before FTC action, agency says
(www.seattletimes.com)
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this post was submitted on 06 Nov 2023
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I'd like to see a law where this immediately dissolves the company.
They should be in prison.
That would be a very effective way to keep them out of those positions.
Can you not be on a company board from prison?
The rich and powerful don’t live by the same set of laws, so there won’t be. Best they can do is a slap on the wrist with no further impact.
Amazon has remained untouched from their price fixing, AmazonBasic product rip offs, union busting, poor worker conditions, etc.
This too shall pass uneventfully
Corporation - n.
An ingenious method for securing individual profit without individual responsibility.
Honestly, I don't think the company needs to be dissolved, but I think that accountability for the law should exist at director level and up. For a company the size of Amazon, that's probably around 100 people that should face the consequences - and that's only the retail org.
The best description of Amazon is that it is a management company. It's not a retailer, or a tech company. It's output is its management process, and it's this that it uses to build products in different markets.
So, remove the source of those processes. Let people move up to higher roles, and let someone not breaking the law take the senior positions.
Yeah but then how would I be able to get that napkin holder that I ordered in my underwear delivered tomorrow! You don’t understand how much I need this thing right now even though I can’t be bothered to get dressed and drive my ass to the store.
How about if the company is so large and sewn into the fabric of the modern world then instead of dissolving the company it instantly becomes a public utility, turn the shares into treasury bonds, and jail the executives?
Yeah because Amazon kills off all the competition.
They also killed a huge amount of e-commerce sites with their sheer size. This isn't really about tech more about their monopoly.
People are still fling to buy shit. Maybe they have to do it locally instead? Probably some other company would step up to replace their monopoly. It's only be an improvement.
If Amazon were broken up it'd create more jobs. Sure, they may pay less, but Amazon has centralized a lot of work to increase efficiency.
We shouldn't break them up just because they shredded some papers. There are many more reasons than that.
I don't think forcing people to work in inhumane conditions while paying them close to nothing, so that they still need to use food stamps, counts as employing. It sounds more like exploiting the most vulnerable people, which have no other employment option, because big monopolies like Amazon killed all the competition
It's a myth that corporations are job creators. Their very premise is that they can do the same job for less because they have fewer labor costs.