FTC sues Amazon, alleging online marketplace monopoly

Amazon says the lawsuit filed by the FTC is ‘wrong on the facts and the law...' (Image: Getty)

Wed, 27 Sep 2023

By Dave MichaelsThe United States Federal Trade Commission and 17 states have sued Amazon, alleging the online retailer illegally wields monopoly power that keeps prices artificially high, locks sellers into its platform and harms its rivals. The FTC’s lawsuit, filed in Seattle federal court on Tuesday (US time), marks a milestone in the Biden administration’s aggressive approach to enforcing antitrust laws and has been anticipated for months. The agency’s chair, Lina Khan, is a longtime critic of Amazon who wrote in the Yale...

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