Antitrust advocates have launched a coalition of sellers to push back against Amazon's policies. Reuters
Antitrust advocates have launched a coalition of sellers to push back against Amazon's policies. Reuters
Antitrust advocates have launched a coalition of sellers to push back against Amazon's policies. Reuters
Antitrust advocates have launched a coalition of sellers to push back against Amazon's policies. Reuters

Amazon's monopoly power opposed by businesses relying on the online retailer to sell goods


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Businesses that rely on Amazon.com, the world's biggest e-commerce company, to sell their goods are beginning to band together against the e-commerce retail behemoth.

A trio of well-connected antitrust advocates on Thursday launched the Responsible Online Commerce Coalition, which represents a group of small businesses and large brands that will push for the US government to pare back Amazon’s power over the online shopping ecosystem.

“We believe Amazon has been given a pass to a large extent,” said Damien Geradin, one of the advocates spearheading the coalition. He’s a founding partner with Geradin Partners, an antitrust law firm that specialises in opposing large tech companies and other corporations.

The group will help solidify political power among companies that have struggled due to Amazon’s actions, proponents say.

Amanda Lewis, a coalition co-founder and former staffer with the House Judiciary Committee’s antitrust panel, said that the Responsible Online Commerce Coalition will work to bring its stories directly to policymakers overseeing the tech companies.

“I found that policymakers were moved much more by a small business owner telling their story than five touches from an Amazon lobbyist,” said Ms Lewis, who helped to lead the House Judiciary Committee’s work on Amazon during its 16-month investigation of some of the largest tech companies.

An Amazon representative did not immediately respond to an emailed request for comment.

Both Mr Geradin and Ms Lewis met while advising the Coalition for App Fairness, a group focused on mobilising small app developers against Apple's policies. They concluded that it would be useful to have a similar coalition focused on Amazon.

The group is not yet publicly announcing names or numbers of members, but organisers say several companies have already committed to joining — from a large publicly traded company to small third-party sellers. Many companies fear retaliation from Amazon, they say.

“Due to Amazon’s monopoly power over sellers on their platform, they can arbitrarily suspend sellers, raise or change fees, and give themselves access to information and tools that are unavailable to entrepreneurs across the country,” said Democratic Representative David Cicilline, of Rhode Island, former head of the House Judiciary antitrust subcommittee in the last Congress.

“I applaud the creation of a coalition of sellers to push back on these policies.”

  • Workers strike at the Amazon fulfilment centre in Coventry. Bloomberg
    Workers strike at the Amazon fulfilment centre in Coventry. Bloomberg
  • Amazon workers are staging their first ever strike in the UK in a dispute over pay. PA
    Amazon workers are staging their first ever strike in the UK in a dispute over pay. PA
  • A striking worker's banner reads: 'The wrong Amazon is burning.' Bloomberg
    A striking worker's banner reads: 'The wrong Amazon is burning.' Bloomberg
  • Members of the GMB union try to stop colleagues from entering the plant. PA
    Members of the GMB union try to stop colleagues from entering the plant. PA
  • Striking workers gather around a fire pit. Bloomberg
    Striking workers gather around a fire pit. Bloomberg
  • A GMB union banner reads: 'Do managers treat you with disrespect?' Bloomberg
    A GMB union banner reads: 'Do managers treat you with disrespect?' Bloomberg
  • Members of the GMB union on the picket line in Coventry. PA
    Members of the GMB union on the picket line in Coventry. PA

Mr Geradin, Ms Lewis and the third co-founder Tom Smith, of Geradin Partners, acknowledge they’re out-gunned compared to the tech companies, which spend hundreds of millions of dollars in lobbying and have an expansive network of trade groups in Washington.

The coalition founders hope to collect fees from companies based on their size, meaning smaller companies will pay less while larger firms, particularly the biggest brands, can give more.

The e-commerce coalition’s creation comes as governments around the world are considering cracking down on Amazon.

The US Federal Trade Commission is investigating Amazon’s potentially anti-competitive behaviour. The EU is working on implementing the Digital Markets Act, antitrust legislation aimed at reining in the business practices of “gatekeeper” tech companies including Amazon, Apple, Alphabet's Google and Meta Platforms.

The UK is mulling a similar regime for the tech industry.

The group will advocate for competitive pricing for seller commissions, limiting the amount of counterfeit products circulating online, offering sellers the freedom to offer their products at a discount and ensuring search results are fair and non-discriminatory.

Garrett Ventry, former chief of staff for Colorado Republican Representative Ken Buck and lobbyist for the Coalition for App Fairness, said he saw during his time on the Hill a need for “a group that’s focused on Amazon’s growing harms, especially when Amazon is rapidly acquiring other companies and rapidly continuing to expand into other areas”.

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

PROFILE OF STARZPLAY

Date started: 2014

Founders: Maaz Sheikh, Danny Bates

Based: Dubai, UAE

Sector: Entertainment/Streaming Video On Demand

Number of employees: 125

Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners

Company%20profile
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Golden Shoe top five (as of March 1):

Harry Kane, Tottenham, Premier League, 24 goals, 48 points
Edinson Cavani, PSG, Ligue 1, 24 goals, 48 points
Ciro Immobile, Lazio, Serie A, 23 goals, 46 points
Mohamed Salah, Liverpool, Premier League, 23 goals, 46 points
Lionel Messi, Barcelona, La Liga, 22 goals, 44 points

The biog

Name: Maitha Qambar

Age: 24

Emirate: Abu Dhabi

Education: Master’s Degree

Favourite hobby: Reading

She says: “Everyone has a purpose in life and everyone learns from their experiences”

How Beautiful this world is!
The specs
Engine: 2.5-litre, turbocharged 5-cylinder

Transmission: seven-speed auto

Power: 400hp

Torque: 500Nm

Price: Dh300,000 (estimate)

On sale: 2022 

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13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas

550 tonnes of moulded steel were raised last year to cap the dome

724,000 cubic metres is the space it encloses

Stands taller than the leaning tower of Pisa

Steel trellis dome is one of the largest single structures on site

The size of 16 tennis courts and weighs as much as 500 elephants

Al Wasl means connection in Arabic

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Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity

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Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

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THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

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Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

COMPANY%20PROFILE
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RESULT

Arsenal 1 Chelsea 2
Arsenal:
Aubameyang (13')
Chelsea: Jorginho (83'), Abraham (87') 

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

The%20specs
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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test Thursday-Monday at Colombo
  • 3rd Test August 12-16 at Pallekele
All%20We%20Imagine%20as%20Light
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EPayal%20Kapadia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Kani%20Kusruti%2C%20Divya%20Prabha%2C%20Chhaya%20Kadam%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
RESULTS

6.30pm: Maiden Dh165,000 (Dirt) 1,200
Winner: Miqyaas, Adrie de Vries (jockey), Rashed Bouresly (trainer).

7.05pm: Handicap Dh165,000 (D) 1,600m
Winner: Untold Secret, Xavier Ziani, Salem bin Ghadayer.

7.40pm: Maiden Dh165,000 (D) 1,600m​​​​​​​
Winner: Shanty Star, Fabrice Veron, Rashed Bouresly.

8.15pm: Handicap Dh190,000 (D) 1,600m​​​​​​​
Winner: Alkaamel, Antonio Fresu, Musabah Al Muhairi.

8.50pm: Handicap Dh175,000 (D) 1,400m​​​​​​​
Winner: Speedy Move, Richard Mullen, Satish Seemar.

9.25pm: Handicap Dh175,000 (D) 2,000m​​​​​​​
Winner: Quartier Francois, Fernando Jara, Ali Rashid Al Raihe.

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

UAE-based players

Goodlands Riders: Jamshaid Butt, Ali Abid, JD Mahesh, Vibhor Shahi, Faizan Asif, Nadeem Rahim

Rose Hill Warriors: Faraz Sheikh, Ashok Kumar, Thabreez Ali, Janaka Chathuranga, Muzammil Afridi, Ameer Hamza

COMPANY%20PROFILE
%3Cp%3EFounder%3A%20Hani%20Abu%20Ghazaleh%3Cbr%3EBased%3A%20Abu%20Dhabi%2C%20with%20an%20office%20in%20Montreal%3Cbr%3EFounded%3A%202018%3Cbr%3ESector%3A%20Virtual%20Reality%3Cbr%3EInvestment%20raised%3A%20%241.2%20million%2C%20and%20nearing%20close%20of%20%245%20million%20new%20funding%20round%3Cbr%3ENumber%20of%20employees%3A%2012%3C%2Fp%3E%0A
Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

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What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

Updated: March 04, 2023, 4:00 AM