Bezos Faces the Music: FTC and 17 States Sue Amazon Alleging Monopolistic Practices

Amazon finds itself in the crosshairs of the FTC and 17 states, facing accusations of engaging in illegal conduct and monopolistic practices within its online store and merchant services. According to the FTC, “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. By stifling competition on price, product selection, quality, and by preventing its current or future rivals from attracting a critical mass of shoppers...