FTC's Khan Says Amazon Suit Would Restore Competition

FTC's Khan Says Amazon Suit Would Restore Competition

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

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The video discusses a complaint against Amazon, highlighting illegal tactics that inflate prices and hinder competition. The relief sought includes halting these tactics and restoring market competition. Winning the case could lower prices and improve conditions for consumers and small businesses. The complaint aims to revive competition, promising better prices, quality, and innovation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the complaint against the company?

To increase the company's market share

To halt illegal tactics and restore competition

To expand into new markets

To improve customer service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the illegal outcomes of Amazon's tactics as mentioned in the complaint?

Lower prices for consumers

Increased innovation

Inflated prices for the American people

Better quality products

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do Amazon's tactics affect small businesses according to the complaint?

They are forced to lower their prices

They have to pay a significant 'Amazon tax'

They receive more exposure

They gain access to new customers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome if the complaint is successful?

Higher prices and less competition

Increased market dominance for Amazon

Better quality, selection, and innovation

More restrictions on small businesses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the complaint seeking to restore?

More regulations for small businesses

Higher prices for consumers

The lost promise of competition

Amazon's market dominance