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How Amazon fares on anti-competitive practices, privacy concerns, workplace conditions
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Amazon Wants a Lot of New Laws
The tech giant deserves credit for taking on big issues, but what matters is that it follows through to the end.
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Amazon is on a roll suggesting big changes to U.S. laws. This could be great for many Americans and for the country, or this could be mostly talk.
Amazon has been loudly supporting a federal minimum wage of $15 an hour. The company mentioned (briefly) in a blog post in April that it was in favor of increasing the federal tax rate for corporations. Amazon wrote this week that it would be “actively supporting” a proposed federal bill to legalize marijuana. Last year, the company said that it wanted Congress to write rules for the ethical use of facial recognition technology, including Amazon’s Rekognition.
Demand for Restaurant Relief Fund Far Exceeds Funding
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Isabel Casillas Guzman, the head of the Small Business Administration.Credit.Ting Shen for The New York Times
Many applicants to the government’s pandemic relief program for restaurants, bars, caterers and other food businesses will be left empty-handed unless Congress provides more money for the $28.6 billion grant program, the head of the Small Business Administration said on Wednesday.
The agency’s Restaurant Revitalization Fund received more than 372,000 applications, seeking $76 billion far more than the fund has available, the administrator, Isabella Casillas Guzman, said at a House Small Business Committee oversight hearing.
District of Columbia Sues Amazon Over Marketplace Pricing: Live Updates
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Amazon has attracted particular attention from critics because of the sweeping nature of its business. It operates a dominant web hosting operation and a streaming platform that competes with Netflix and Hulu, and it expanded into brick-and-mortar grocery stores with the acquisition of Whole Foods.
But the lawsuit filed by Mr. Racine, a Democrat, concerns the core of its business: the online marketplace for outside merchants, which accounts for more than half of the products it sells.
At issue is how Amazon polices the pricing of products that merchants list on its website. Amazon had required sellers to offer products at the same prices they did on other websites, or lower what is known as a “most favored nation” policy. Regulators in Europe, and later Senator Richard Blumenthal, Democrat of Connecticut, questioned the policy. In 2019, Amazon dropped it from its service agreement with sellers in the United States.
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