The antitrust lawsuit against the e-commerce behemoth is the result of a years-long investigation into Amazon’s businesses competition.
on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
The lawsuit, filed in U.S. District Court for the Western District of Washington, is the result of a years-long investigation into Amazon’s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history.
“The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens of millions of American families who shop on its platform and the hundreds of thousands of businesses that rely on Amazon to reach them,” FTC chairman Lina Khan said in a statement.
Many had wondered whether the agency would seek to a forced break-up of the retail giant, which is also dominant in cloud computing and has a growing presence in other sectors like groceries and health care. In a briefing with reporters, Khan dodged questions of whether that will happen.
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Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellersThe Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
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Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellersThe Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
Leer más »
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellersThe antitrust lawsuit alleges that Amazon uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
Leer más »
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellersThe complaint is the result of a years-long investigation into Amazon’s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history.
Leer más »
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellersThe lawsuit is the result of a years-long investigation and is one of the most significant legal challenges brought against the company in its nearly 30-year history.
Leer más »
Amazon sued by FTC, which says the company is 'exploiting its monopoly power'The FTC filed an antitrust lawsuit against Amazon Tuesday, making for the highest-profile case yet in the agency's attempt to rein in Big Tech.
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