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The Federal Trade Commission filed an antitrust lawsuit against Amazon.com Inc. Tuesday, making for the highest-profile case yet in the agency’s attempt to rein in Big Tech. “Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies,” FTC Chair Lina Khan said in a statement. She added that Amazon AMZN, “is now exploiting its

All three members of Alaska’s delegation to Congress have weighed in against the merger of supermarket chains Kroger and Albertsons. Senators Lisa Murkowski and Dan Sullivan wrote a joint letter Friday to the chair of the Federal Trade Commission expressing “deep concerns” about the proposed merger. They said it would reduce competition and likely lead to higher prices. The merger agreement

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

Yesterday, the FTC and 17 States introduced a suit against Amazon . The long-anticipated suit paints the retailer as exploiting its monopolistic power from consumers, brands, and other parties that interact with the company. But many brands who sell on the marketplace or to the retailer as a vendor feel like the case is focused on issues that are peripheral to the real challenges of doing