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Since then, reports of employees using third-party seller information to bolster Amazon's own sales and evidence of lax IT access controls at the company suggest that efforts to fix the issue have been lackluster.
The revelations come as trustbusters worldwide are increasingly targeting Amazon, including over how it uses third-party seller data to boost its own offerings. The European Commission opened an investigation into precisely this issue in November 2020, with preliminary findings suggesting Amazon had breached EU competition law.
“This is fuel for the suspicions I had,” Dutch internet entrepreneur Peter Sorber said when told about the audit. Sorber sold children's clothes on Amazon, but 18 months after setting up his "Brandkids" store on the platform and entering the required sales data, his products disappeared from the search rankings.
“You cannot ask a retailer to show his entire story with all sales statistics and then show that to your own purchasers. This is worse than not done. This is simply unfair competition,” Sorber said.
But here’s the rub. Not all multinational corporations have a profit margin of over 10 percent. Amazon, for example, had a profit margin of 6.3 percent of its $386 billion global profits in 2020. In other words, it is not going to be caught by this tax at all. Many other companies who do currently have profit margins above 10 percent will presumably already be thinking up ways of engineering margins below this threshold.
https://spectator.us/topic/amazon-exempt-biden-global-tax/But here’s the rub. Not all multinational corporations have a profit margin of over 10 percent. Amazon, for example, had a profit margin of 6.3 percent of its $386 billion global profits in 2020. In other words, it is not going to be caught by this tax at all. Many other companies who do currently have profit margins above 10 percent will presumably already be thinking up ways of engineering margins below this threshold.
Following the revelation that Facebook’s CEO Mark Zuckerberg was in email communication with the country’s top epidemiologist Dr. Anthony Fauci, House Republicans sent a letter demanding answers on why the company censored lab leak theories.
According to the Republican legislators, the emails suggest that Fauci advised Facebook to censor the lab leak theories.
They will simply increase the compensation of their executives to avoid the extra taxes. ---- Win Win
Court Dismisses Federal Government’s Antitrust Case Against Facebook
BY JACK PHILLIPS June 28, 2021
A federal court has dismissed two antitrust cases that were brought against Facebook, representing a significant setback for federal and state regulators in their attempts to rein in Big Tech.
The lawsuits were filed by the Federal Trade Commission (FTC) and state attorneys general seeking to break up what they’ve described as Facebook’s monopoly on social networking.
1 out of every 153 American workers is an Amazon employee
Amazon employs 950,000 workers in the US, the company said in its latest earnings report.
The US has a population of 261 million and an employed non-farm workforce of 145 million, per the BLS.
More people work for Amazon than are employed in the entire residential construction industry.
https://www.businessinsider.com/amazon-employees-number-1-of-153-us-workers-head-count-2021-71 out of every 153 American workers is an Amazon employee
Amazon employs 950,000 workers in the US, the company said in its latest earnings report.
The US has a population of 261 million and an employed non-farm workforce of 145 million, per the BLS.
More people work for Amazon than are employed in the entire residential construction industry.
Facebook suspends Canadian political candidate Marc Emery during campaign season
For criticizing what he says is the "the evil Covid dictatorship."
AMAZON WILL BLOCK and flag employee posts on a planned internal messaging app that contain keywords pertaining to labor unions, according to internal company documents reviewed by The Intercept. An automatic word monitor would also block a variety of terms that could represent potential critiques of Amazon’s working conditions, like “slave labor,” “prison,” and “plantation,” as well as “restrooms” — presumably related to reports of Amazon employees relieving themselves in bottles to meet punishing quotas.
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