US EditionAmazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers
- The Federal Trade Commission has filed an antitrust lawsuit against Amazon, accusing the company of using its "monopoly power" to inflate prices, degrade quality for shoppers, and unlawfully exclude rivals.
- Amazon has been accused of maintaining its monopoly power by requiring sellers to use its costly fulfillment services, making it more expensive for them to do business on the platform. These tactics have degraded the shopping experience on Amazon and forced sellers to pay expensive fees.
- The FTC is seeking a permanent injunction to stop Amazon's alleged unlawful conduct and FTC Chair Lina Khan stated that the company used illegal tactics to fend off competitors.
205 Articles
205 Articles
Amazon sued by FTC, 17 states over allegations of overcharging
An Amazon company logo marks the facade of a building in Schoenefeld near Berlin, March 18, 2022. The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, Sept. 26, 2023, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.Michael Sohn, Associated Press The Federal Trade Commission and 17 sta…
U.S. says Amazon running illegal monopoly in online retail
A top US antitrust regulator sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.The highly anticipated lawsuit is another test for the Biden administration as it tries to curb the power of big tech in the face of pushback from US courtrooms."Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its mon…
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers - West Hawaii Today
U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition.
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers
U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition.
U.S. Regulators Sue Amazon for Allegedly Inflating Prices Through Monopoly - The Florida Capital Star
by Madeleine Hubbard The Federal Trade Commission and 17 state attorneys general sued Amazon on Tuesday for allegedly using its power as a monopoly to illegally block competition and inflate prices. “The complaint alleges that 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,” the FTC said in an announcement…
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