Coalition of small businesses pushing for tougher antitrust measures
Merchant groups are forming a national coalition to campaign for stricter antitrust laws, including measures…
Merchant groups are forming a national coalition to campaign for stricter antitrust laws, including measures they hope could force Amazon to spin off some of its business lines, The Wall Street Journal reports.
The effort is being launched today by trade groups that represent small hardware stores, office suppliers, booksellers, grocers and others, along with business groups from 12 cities, organizers say. Merchants plan to push their congressional representatives for stricter antitrust laws and tougher enforcement of existing ones.
The groups, which collectively represent thousands of businesses, want federal legislation that would prevent the owner of a dominant online marketplace from selling its own products in competition with other sellers, a policy that could effectively separate Amazon’s retail product business from its online marketplace.
Members of the House Antitrust Subcommittee are considering legislation along those lines as they weigh changes to U.S. antitrust law, though no bill has yet been introduced. The merchant groups also want tougher enforcement of competition laws and legal changes that would make it easier for the government to win antitrust lawsuits against big companies.
In a statement, an Amazon spokesperson says the company’s critics “are suggesting misguided interventions in the free market that would kill off independent retailers and punish consumers by forcing small businesses out of popular online stores, raising prices, and reducing consumer choice and convenience.” Read the full story.