Amazon deal for AI start-up’s technology draws whistleblower complaint

The whistleblower’s complaint to the Federal Trade Commission, the Securities and Exchange Commission and the Justice Department asserts that “the transaction was deliberately and unlawfully structured to evade antitrust enforcement.” It turns on what was not publicly disclosed either in Amazon’s blog post or to federal regulators. That includes the agreed up-front price, $380 million, which well exceeds the $119.5 million threshold above which most deals have to be reported in advance to the FTC and antitrust authorities at the Justice Department. The 201-page deal agreement also restricted the sorts...