The IA 6.0 de stratégie quantitative intelligentFederal 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.
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.
According to a news release sent by the agency, the FTC and states that joined the lawsuit are asking the court to issue a permanent injunction court that they say would prohibit Amazon from engaging in its unlawful conduct and loosen its “monopolistic control to restore competition.”
“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.
“At this stage, the focus is more on liability,” she said.
2025-05-01 16:341704 view
2025-05-01 16:311434 view
2025-05-01 16:1775 view
2025-05-01 15:381286 view
2025-05-01 14:571074 view
2025-05-01 14:511511 view
PACCAR is recalling over 220,000 of its 2021-2025 Peterbilt and Kenworth trucks. The commercial tru
BANGKOK (AP) — Shares advanced Thursday in Asia after Wall Street resumed its upward climb, as an up
Fewer grandparents were living with and taking care of grandchildren, there was a decline in young c