Amazon is the Prime Option

Antitrust arguments

To receive fast, convenient access to countless products and digital streaming, consumers may consider Amazon as the prime option. The benefits offered by Amazon extend beyond the consumer-driven perks, and also include opportunities for retailers and suppliers to sell their products on the platform. Despite these incentives, the DC Attorney General has recently filed a lawsuit against the e-commerce company, citing antitrust claims. According to the filing, Amazon has developed into a monopoly that manipulates pricing options for consumers. The company has achieved this position by entering contractual agreements with its third-party sellers. Specifically, the contracts dictate that in order to participate on the platform, the sellers are forbidden from offering lower prices or improved purchase terms on any other websites, including their own personal sites. Read more

Blacklisted? Investors Rally Against Blackberry

Sweet or sour?

Blackberry’s tough times continue as their shareholders cry foul.  In a recent class-action lawsuit, thousands of investors claim that they were misled by the company’s lofty sales expectations.  Many are complaining that the company failed to compete with industry leaders Google and Apple (let alone Microsoft). The lawsuit includes a number of those who bought stock in Blackberry over the past calendar year.  Unhappy campers are furious that they mistakenly placed their faith in the wrong smartphone/technology movement and are seeking damages.  Read more