FTC reportedly finalizing its biggest Amazon antitrust case yet

Variety and Tech
2023-06-30 | 04:57
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
FTC reportedly finalizing its biggest Amazon antitrust case yet
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
FTC reportedly finalizing its biggest Amazon antitrust case yet

The moment Amazon feared when FTC Chair Lina Khan was appointed may soon arrive: Bloomberg reports that the agency is putting the final touches on its most substantial antitrust case against the tech giant, and could file suit in the next few weeks.

According to documents viewed by Bloomberg and sources familiar, the upcoming suit will allege that Amazon systematically disadvantages merchants who don’t use certain “optional” services like “Fulfilled by Amazon.” If the FTC can show that Amazon is maliciously manipulating a market it has something like monopoly power in, it could make the case that the company needs to be broken up or restructured.
 
Read the full story at:

Variety and Tech

FTC

Finalizing

Biggest

Amazon

Antitrust

Case

LBCI Next
Virgin Galactic’s first commercial flight brings payloads and passengers to edge of space
Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More