Published 09/26/2023 4:00:24 p.m.

Amazon 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.

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Times of India

Amazon sued in US over allegations it inflates online prices and overcharges sellers

US regulators and 17 states have filed a lawsuit against Amazon, accusing the e-commerce giant of abusing its market position to inflate prices and stifle competition. The lawsuit alleges that Amazon engages in anti-competitive practices by discouraging sellers from offering lower prices on other platforms, charging high fees, and favoring its own products over others.

09/27/2023 3:35:00 a.m.·India

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BBC News

Amazon: US accuses online giant of illegal monopoly

The Federal Trade Commission alleges Amazon uses "unfair" and "illegal" strategies to keep power.

09/26/2023 7:15:20 p.m.·United Kingdom

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The Hindu

U.S. sues Amazon for breaking antitrust law, harming consumers

U.S. Federal Trade Commission has charged Amazon.com with harming consumers with higher prices in the latest U.S. government legal action aimed at breaking Big Tech’s dominance of the internet.

09/26/2023 4:31:38 p.m.·India

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CBC News

U.S. government, 17 states sue Amazon for abusing monopoly power

The U.S. Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday, charging the online retailer with harming consumers through higher prices in the latest U.S. government legal action aimed at breaking Big Tech's dominance of the internet.

09/26/2023 5:10:20 p.m.·Canada

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Reuters

U.S. sues Amazon.com for breaking antitrust law and harming consumers

The U.S. Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday, charging the online retailer with harming consumers with higher prices in the latest U.S. government legal action aimed at breaking Big Tech's dominance of the internet.

09/26/2023 4:15:04 p.m.·United Kingdom

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Associated Press News

Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers

The Federal Trade Commission and 17 state attorneys general have filed an antitrust lawsuit against Amazon. They allege the e-commerce behemoth uses its position in the marketplace to inflate prices

09/26/2023 4:03:41 p.m.·United States

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