A monopoly-busting Amazon lawsuit might be Biden’s boldest move yet to tame tech
A monopoly-busting Amazon lawsuit might be Biden’s boldest move yet to tame tech
admin 2023/09/26 14:07The FTC has been investigating the company for more than four years.
A long-awaited antitrust case against Amazon’s massive online retail operations is expected to be filed in federal court as soon as Tuesday, according to three people with knowledge of the matter.
The Federal Trade Commission has been preparing a complaint since at least the start of this year targeting an array of Amazon’s business practices. The exact details of the lawsuit are not known, and changes to the final complaint are possible until it’s officially submitted. But personnel throughout the agency, including FTC Chair Lina Khan herself, have homed in on several of Amazon’s business practices, POLITICO has previously reported.
That includes challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites and actions regulators believe force merchants to use Amazon’s logistics and advertising services.
https://www.politico.com/news/2023/09/22/lawsuit-against-amazon-expected-next-week...
A long-awaited antitrust case against Amazon’s massive online retail operations is expected to be filed in federal court as soon as Tuesday, according to three people with knowledge of the matter.
The Federal Trade Commission has been preparing a complaint since at least the start of this year targeting an array of Amazon’s business practices. The exact details of the lawsuit are not known, and changes to the final complaint are possible until it’s officially submitted. But personnel throughout the agency, including FTC Chair Lina Khan herself, have homed in on several of Amazon’s business practices, POLITICO has previously reported.
That includes challenges to Amazon Prime, Amazon rules that the FTC says block lower prices on competing websites and actions regulators believe force merchants to use Amazon’s logistics and advertising services.
https://www.politico.com/news/2023/09/22/lawsuit-against-amazon-expected-next-week...
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