Italy slaps Amazon with €1.13 billion fine for abusing market dominance
- Solun1
- 0yR
- 12 Dec 2021
SHAZAMM, 10 Dec 2021Idk if you aware...but with that logic...all profits are th... moreGovernment should govern, not make money. That is a job of a business who provides some kind of a service in exchange for that money.
- K
- KSm
- mMq
- 10 Dec 2021
I am not a fan of AMAZON, but I am pragmatic and take care of my budget.
Yesterday I had to decide where to buy another BRAUN S9 Pro shaver (the current one died unexpectedly after only 5 years of use).
The short investigation returned the following prices (for the same set): $ 658 @ shop1, $ 634 @ shop2, and ... $ 370 @AMAZON.
Someone has doubts which store I chose and why?
EU is in some ways Ok, but sometimes it's a bunch of idiots ...
- H
- Hello Life
- PG5
- 10 Dec 2021
NicoLPFR, 10 Dec 2021And how much do you think Indonesian/Indian workers are paid? 😂Enough to not be a slave.. considering prices in these countries for basic price of standard of living is much lower than in China
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- Anonymous
- cTE
- 10 Dec 2021
countries suing big companies became a stable income
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- Vikass17
- Dk}
- 10 Dec 2021
Anonymous, 10 Dec 2021Italy isn't small ,while not USA size it's still ... more5 billion sales doesn't be mean 5 billion profit
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- Anonymous
- j%t
- 10 Dec 2021
SHAZAMM, 10 Dec 2021Dude...if that is your mindset.then this is gonna blow your... moreWhen you see tags or stickers stating that it's made in USA you know it's made in USA.
Anybody who is serious about stopping the slave labor that is rampant in China does research to see where products are made.
I support that other guy with buying locally / domestically made products.
Every country should have a law that stipulates a minimum of 50% of every product being sold within it's borders should be made domestically. That way China can keep exploiting it's people but also it creates jobs in said countries.
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- NicoLPFR
- xhp
- 10 Dec 2021
Hello Life, 10 Dec 2021I don’t stay in US.. and most developed countries need to p... moreAnd how much do you think Indonesian/Indian workers are paid? 😂
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- Anonymous
- gD6
- 10 Dec 2021
Anonymous, 10 Dec 2021italy needs money, they dont make many shoes or clothes any... moreWhat has that to do with anticompetitive behavior of amazon ? U know you are defending a slavery company ….. for what ? If you read a bit, there are plenty of docs out there explaining how amazon exploits consumers and sellers alike.
When america was great it broke up Phone companies because too big for the market, now it is not doing and all engineering prowess moved abroad
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- Anonymous
- gD6
- 10 Dec 2021
Vikass17, 09 Dec 2021I wonder with the size of European countries, did they ever... moreThat amazon is tryi g to corner competition is obvioua. A fine was big time due
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- Hello Life
- U@$
- 10 Dec 2021
SHAZAMM, 10 Dec 2021Dude...if that is your mindset.then this is gonna blow your... moreI don’t stay in US.. and most developed countries need to pay labourers a salary with which you can hire 10 Chinese labourers for the equal amount of work.. no actually they are worked like slaves. That’s why I also find it morally wrong to buy something made in China. Almost all my purchases this last 2 years are either made in Indonesia or Taiwan or India or Vietnam or Singapore. I have decided to stop vietanm from now on, as they are moving towards slavery just like China
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- Taara Kennedy
- 6vs
- 10 Dec 2021
Anonymous, 09 Dec 2021And they'll somehow just pass on the cost to the consu... moreThere is a limit to how much they can place on the consumer. At some point that tactic won't work anymore or else consumers will leave them. We need to reach that point or else big tech companies won't ever change. They control the world as it is now. Not governments.
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- SHAZAMM
- GBj
- 10 Dec 2021
Solun1, 09 Dec 2021Normaly government agencies send a warning to the company a... moreIdk if you aware...but with that logic...all profits are theft...i mean it is...it is legal stealing
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- SHAZAMM
- GBj
- 10 Dec 2021
Vikass17, 09 Dec 2021I wonder with the size of European countries, did they ever... moreIm pretty sure all the europian countries have at least give amazon 1 billion US per year in sales
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- SHAZAMM
- GBj
- 10 Dec 2021
Hello Life, 10 Dec 2021As a rule of thumb, I avoid anything cheap and anything chi... moreDude...if that is your mindset.then this is gonna blow your mind...almost everything is made in China...and they are just sent to the US
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- Anonymous
- XTA
- 10 Dec 2021
This is how society works..and i love how it works
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- Hello Life
- U@$
- 10 Dec 2021
AnonD-844232, 09 Dec 2021Dont take my username too seriously 🙂 Yes I buy from aliex... moreAs a rule of thumb, I avoid anything cheap and anything chinese.. and they go hand in hand for sure. I also prefer something made locally in my country which is much superior quality than made in china goods.
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- Anonymous
- 6v0
- 10 Dec 2021
Vikass17, 09 Dec 2021I wonder with the size of European countries, did they ever... moreItaly isn't small ,while not USA size it's still 60 million people, and it has a pretty good gdp and purchase power.
Also a short digging online shows that in 2020 alone Amazon.it first party(not including commissions from third party sells) net sales was 5 billion USD , which definitely netted Amazon more than the fine.
If I were to paraphrase : "Everyone wants to have a fairly rich large consumer base but still hate against The European shared market . Just because they are well regulated. Two wrongs doesn't make a right."