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27
Amazon turned on a price fixing algorithm that made them a billion dollars. Break them up like Standard Oil and AT&T. (www.zerohedge.com)
posted 2 years ago by Mad_King_Kalak 2 years ago by Mad_King_Kalak +27 / -0
Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm: FTC
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
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▲ 5 ▼
– Redrum647 5 points 2 years ago +5 / -0

I have suspected this.

I go to their comepetors because I don't want to give them my cc. They don't accept PayPal

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▲ 3 ▼
– Michalusmichalus 3 points 2 years ago +3 / -0

They stopped accepting paypal because paypal was refunding customers. Amazon plays games, and they think the threat of being blocked, kicked off will allow them to bully everyone. Amazon can't stop you from using a paypal credit card. Your bank can reverse transactions when you bring them your info, and all the online info saying the same thing has happened to thousands of people.

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▲ 5 ▼
– MindlessRationality 5 points 2 years ago +5 / -0

They stole 15 cents from every man, woman, and child on the planet and that is just the one time.....imagine if you could pan handle like them....the biggest welfare recipients are always corporate overlords

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▲ 2 ▼
– cant_even 2 points 2 years ago +2 / -0

"Break them up like .... AT&T"

AT&T re-assembled itself under the noses of the "regulators", and is still the only ISP some areas have available.

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