Listen carefully to the following Planet Money podcast:

"Antitrust 3: Big Tech" by Jacob Goldstein and Kenny Malone, Planet Money podcast, Feb 22, 2019. (Links to an external site.)

(Transcript(Links to an external site.) available.)

https://www.npr.org/sections/money/2019/02/22/697170790/antitrust-3-big-tech

Then answer the following questions based on that podcast:

The main thing that Amazon offers is its [ Select ] ["delivery service", "platform/marketplace", "marketing advice"] for buyers and sellers. This service [ Select ] ["increases", "reduces"] the cost of entry to the market for sellers and is therefore [ Select ] ["good", "bad"] for competition. However, Amazon also offers its own brand products on this platform and this action can create a/an [ Select ] ["efficiency", "conflict of interest", "inefficiency"] and gives Amazon a/an [ Select ] ["disadvantage", "advantage"] when compared to its competitors. Amazon also takes [ Select ] ["more", "less"] risk than a regular department store when new products are introduced. If the new product does not sell, all the loss goes to the [ Select ] ["producer", "Amazon"] . If the new product sells well, Amazon may [ Select ] ["lose", "reap benefits"] by selling its own version of the product and putting the product on the [ Select ] ["top", "bottom"] of the search results.

The long run consequence of this situation may be [ Select ] ["less", "more"] innovation in the market and [ Select ] ["more", "less"] competition. In response to this, Lina Khan suggests a [ Select ] ["consolidation", "separation"] of the marketplace function from/and the producer function that Amazon currently has. In general, Khan thinks that the current antitrust law [ Select ] ["does not work properly", "works well"] and advocates [ Select ] ["less", "more"] government interference in the market to ensure competition.