See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

What retailers have launched U.S. marketplaces since Amazon's FTC antitrust probe

Posted on AllSides September 28th, 2023
From The Center

NEW YORK, NY, Sept 28 (Reuters) - Amazon faces an antitrust lawsuit by the U.S. Federal Trade Commission (FTC) and 17 state attorneys general for what they call monopolistic pricing to customers and fees to the e-retailers' third-party sellers. Amazon maintains that its pricing strategies and tactics help create competition for its merchants on and off the platform, and that reconstructing the retail giant's business models will lead to higher prices and slower and less reliable shipping speeds. The FTC's lawsuit is expected face many hurdles , but will be...

Read full story

AllSides Picks

https://reuters.com/business/retail-consumer/what-retailers-have-launched-us-marketplaces-since-amazons-ftc-antitrust-probe-2023-09-28

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right