Lawmaker: sellers liken Amazon's platform to 'heroin'
During a House antitrust hearing on Wednesday, U.S. Representative David Cicilline quoted a third party apparel company's negative description of working with Amazon, saying "Amazon strings you along for awhile because it feels so good to get that paycheck every week.
And in the past, for lack of a better term, we called it 'Amazon heroin.'"
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Credit: HT Digital Content Duration: 03:01Published
The U.S. House of Representatives antitrust subcommittee's findings on abuse of market power by four large tech companies took Amazon, Apple, Facebook and Alphabet's Google to task in a scathing take-down for what the committee saw as a gross abuse of power aimed at squelching competition. Conway G. Gittens reports.