Stacy Mitchell

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Stacy Mitchell

Stacy Mitchell

@stacyfmitchell

Advocating for policies that decentralize economic power. Antimonopoly. Pro-local. Co-director at the Institute for Local Self-Reliance @ILSR

Portland, Maine Katılım Kasım 2011
1.9K Takip Edilen25.9K Takipçiler
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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
1. Amazon has built powerful pricing algorithms that have learned how to steer prices upward — not just on Amazon, but across the web. I have a new piece on how these algorithms work, and how they help sustain Amazon’s monopoly.
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Dan Osborn
Dan Osborn@osbornforne·
The major credit card companies are holding Nebraska small businesses hostage. The average household spends nearly $1,200 a year MORE because of credit card swipe fees. Send me to the Senate and I'll break up the duopoly and stand with our small business community.
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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
Councilor @benjaminkgrant was the hero of the hour. He made a compelling case that city leaders must use their discretionary power — rather than hide behind zoning ordinances and falsely insist their hands are tied. We weren't elected to let the city run on "autopilot" he said.
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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
Live Nation lost its bid to build a big concert venue here in Portland, Maine last night! Before an overflow crowd, the City Council rejected the project. For more than a year residents have been campaigning to prevent this monopoly from destroying the local music scene. We won!
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Lawprofblawg
Lawprofblawg@lawprofblawg·
I hear people don't understand MFN clauses. So let's see if we can get some agreement: MFN clause: Amazon is guaranteed same lower price on brands as other sellers. Hub and spoke conspiracy: Amazon uses brands to get other sellers to raise price.
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Alvaro Bedoya
Alvaro Bedoya@BedoyaUSA·
ways this deal can be stopped: - state AGs sue and win - unions sue and wins - a private plaintiff sues and wins - Europeans sue and win - Paramount drops it bc it's mired in litigation - Saudi/Qatar/Abu Dhabi pull $24B in funding - Congress passes bill to undo it in '27/'29
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Lt. Gov. Sabina Matos
Lt. Gov. Sabina Matos@LGSabinaMatos·
Did you know Stop & Shop, Walmart, or another chain might be blocking a new grocery store from coming to your neighborhood with a "scorched-earth" restrictive covenant? I joined @Law401Podcast to explain how these raise your grocery prices and how we can stop them in RI.
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Alec MacGillis
Alec MacGillis@AlecMacGillis·
"Amazon continues to fall short of annual hiring targets at its second HQ in Northern Virginia despite the tech giant’s promises of a massive economic infusion to the area in exchange for as much as $750 million in public subsidies for the development." wapo.st/4u5RCRb
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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
Amazon's coordinated price fixing—in which it enlists suppliers like Hanes and Skullcandy to act as go-betweens with other retailers—works alongside its powerful AI pricing technologies, which can unilaterally induce rivals' pricing algorithms to raise their prices. Here's how:
Stacy Mitchell@stacyfmitchell

1. Amazon has built powerful pricing algorithms that have learned how to steer prices upward — not just on Amazon, but across the web. I have a new piece on how these algorithms work, and how they help sustain Amazon’s monopoly.

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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
1. Amazon has built powerful pricing algorithms that have learned how to steer prices upward — not just on Amazon, but across the web. I have a new piece on how these algorithms work, and how they help sustain Amazon’s monopoly.
Stacy Mitchell tweet media
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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
Amazon told employees to do their price fixing via phone: "an Amazon vendor manager told a vendor that pricing strategy and improving Amazon profitability was 'a delicate conversation for numerous reasons an probably best suited for a phone call/virtual meeting.'" Exchanges like these show price fixing was widespread and that Amazon knowingly and systematically violated the law.
Stacy Mitchell@stacyfmitchell

7. The email evidence is extensive, but it's almost certainly the tip of a much bigger price fixing operation. That's because Amazon trained employees to do this over the phone or to use "legally approved talking points."

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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
7. The email evidence is extensive, but it's almost certainly the tip of a much bigger price fixing operation. That's because Amazon trained employees to do this over the phone or to use "legally approved talking points."
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Stacy Mitchell
Stacy Mitchell@stacyfmitchell·
1. Boy, Amazon is in a heap of trouble. Evidence made public today by California AG @AGRobBonta shows blatant price fixing. And there are so many examples. Here's Amazon scheming with a pet food supplier to get Chewy to raise its prices.
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