antitrust law

Fri
29
Sep
John Lister's picture

Amazon Faces Antitrust Case

The Federal Trade Commission (FTC) has filed an antitrust lawsuit accusing Amazon of "illegally maintaining monopoly power." Critics argue the lawsuit is too vague, while redacted sections make it hard to assess in full. The FTC has filed the ... complaint alongside 17 state attorneys. It says Amazon "violates the law not because it is big, but because it engages in a course of exclusionary conduct that prevents current competitors from growing and new competitors from emerging." It also alleges that Amazon acts illegally to "wield monopoly power to inflate prices, degrade quality, and stifle ... (view more)

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