| Friend, Amazon just announced it will be laying off 20,000 people.(1) And while those employees will have to look for new jobs in an increasingly dwindling market, Amazon’s chair, Jeff Bezos, made $10.5 billion in one day last month.(2) And Amazon just announced it will spend $1 billion a year on movie releases starting next year, entering yet another market while it puts employees on the street.(3) Amazon has gotten too big and too out of control. Congress can rein in the megacorporation, but it’s sitting on critical antitrust legislation with time running out. And we know that the Republican-controlled House of Representatives won’t pass anti-monopoly legislation.
Amazon uses its technology to steal products, manipulate markets, and put smaller companies out of business.(4) It also uses its vast power to bust union attempts and illegally fire workers who attempt to organize.(5) More than two-thirds of Americans say that corporate monopolies, including Amazon, Apple, Facebook, and Google, are a serious concern, so why hasn’t Congress acted?(6) Our legislators have had the American Innovation and Choice Act on the table since the summer, and they have the votes to pass it in the Senate.(7) It’s up to the House to make it happen -- before Republican Speaker Kevin McCarthy takes over. Call your representative and tell them to pass antitrust legislation to rein in Amazon now!
Yours in the fight against megacorporations, Irene, along with Angela, Annie, Isidra, Jay, Lindsay, Mai, Mai, Raquel, and Scottie (and the rest of the Courage team) Footnotes:  |
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