US regulators considering injunction against Facebook over how its apps interact. The share of products Amazon delivers on its own has more than doubled in a year.
You’ve Been Served: As per a WSJ report, the US Federal Trade Commission (FTC) is considering seeking a preliminary injunction against Facebook over antitrust concerns over how its products interact. In addition to its core social network, Facebook’s family of apps includes Instagram, Messenger and WhatsApp.
The regulatory action could seek to halt Facebook’s ongoing plans (which it terms “interoperability”) to integrate its apps into one combined experience/platform. This could be argued on the grounds that such an action would be anticompetitive and monopolistic.
Devouring Delivery: As of August 2019, Amazon has delivered 46% of US packages bought on its e-commerce platform through its internal delivery arm Amazon Logistics. This is more than twice 20% figure only last year, as per a Morgan Stanley report released on Thursday.
The emergence of Amazon as a delivery behemoth is shaking the $900bn US logistics sector. Amazon Logistics – founded in late 2014 – is already shipping over 2.5bn packages annually in the country. While this number is lower than other big players in the sector (FedEx delivers 3bn packages and UPS handles 4.7bn), Amazon is catching up swiftly. By 2022, Amazon’s US package delivery volume could more than double to 6.5bn, far ahead of its delivery rivals. Forbes
Where the Money Comes From: Speaking of Amazon, it’s interesting to note that the majority of its profits – 70% - come from Amazon Web Services, which sells data storage and processing to companies. Click here to read more about the most important part of the Amazon empire.
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