"Large companies are not dominant by definition, and the presumption that success can only be the result of anti-competitive behavior is simply wrong. And yet, despite overwhelming evidence to the contrary, those fallacies are at the core of regulatory spit-balling on antitrust," Amazon writes.
"[The subcommittee's] ill-conceived ideas would revive, via regulation, the failed two-store model that Amazon tried two decades ago; the model that both small sellers and customers rejected," the company wrote in its blogpost. "Acquisitions are part of every industry, and just one way we innovate new technologies to deliver more value to people. Instagram and WhatsApp have reached new heights of success because Facebook has invested billions in those businesses," a Facebook spokesman told"A strongly competitive landscape existed at the time of both acquisitions and exists today. Regulators thoroughly reviewed each deal and rightly did not see any reason to stop them at the time.
Apple's only other real competitor in terms of app stores is Google's Play Store, which comes pre-installed on Android phones.
SAI the faces of criminal inbreeding , the damage it does to the rest of the world , Amazon , Apple , Google , and Facebook all came out like terroristic alien lizards
SAI They are.
Break Up or regulate these biased liberal companies!
SAI Be good to the people you meet on the way up, cause your gonna meet the same people on the way down.
That's Democrats' strategy to sell US to China. They should dissolve Tencent, Alibaba, Baidu, and Huawei first.
People just need to stop putting money in their stocks.
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It is the China model.