Question: What is wrong with this legally? What are the important details? Prompt #3: Antitrust and Intellectual Property A recent report from a U.S. House antitrust

What is wrong with this legally? What are the important details?

What is wrong with this legally? What are the important details? Prompt

Prompt #3: Antitrust and Intellectual Property A recent report from a U.S. House antitrust subcommittee found that Amazon \"has monopoly power over most third-party sellers and many of its suppliers,\" and proposed sweeping reforms for U.S. tech giants including \"structural separations to prohibit platforms from operating in lines of business that depend on or interoperate with the platform." in response, Amazon said lawmakers wrongly limited the relevant market to e-commerce sales and not the larger U.S. retaij industry in determining if the company was dominant. As a measure of total U.S. retail sales, Amazon says its market share is in the single digits. The antitrust report says Amazon's U.S. online retail market share is often understated as 40%. Instead. it says, \"estimates of about 50% or higher are more credible." Amazon also contends that the proposed reforms would actually reducenot enhancecompetition, by \"forcing millions of independent retailers out of online stores. thereby depriving these small businesses of one of the fastest and most protable ways available to reach customers." The result for customers, they wrote. Would be less choice and higher prices." Meanwhile, the European Union accused Amazon of manipulating its algorithm to boost'its own products \"articially" over its rivals'. As a result, they alleged, users often end up buying lower-quality products at a higher price. But EU ofcials are still struggling to understand how Amazon's algorithm works. People familiar with the matter pointed out that ofcials are unlikely to be able to View the online retailer's proprietary code directly to build their case. owing to legal barriers around trade secrets. Antitrust investigators frequently face hurdles in navigating the "black boxes" of technology companies' code

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