Moss Discusses Amazon’s Attempt to Protect Market Position With Honey Warning
In Bloomberg’s January 10 article “Experts question Amazon’s warning about Honey, PayPal’s e-commerce shopping tool,” AAI President Diana Moss discusses how dominant firms can attempt to protect market position with deceptive practices.
From the article:
If PayPal thinks Amazon’s warning is unwarranted, it can accuse Amazon of deceptive practices, requiring Amazon to explain why it did so.
“As markets become more concentrated and firms grow larger, we are seeing more attempts to protect market positions and eliminate rivals through deceptive practices,” said Diana Moss, president of the American Antitrust Institute.
Just before Christmas, banners started popping up on Amazon that told shoppers to be cautious when using Honey, calling it “a security risk” and “to keep your data private and secure, uninstall this extension immediately.”