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Sep 26 2023
News
US trade commission files anti-trust lawsuit against online retailer Amazon
Attorneys general from 17 states joined the Federal Trade Commission’s suit, which accuses Amazon of harming consumers. The United States Federal Trade Commission (FTC) has filed a long-anticipated anti-trust lawsuit against online retailer Amazon, accusing the company of harming consumers by stifling competition. The lawsuit, which was joined by 17 state attorneys general and filed in Amazon’
Al Jazeera
Feb 11 2020
News
FTC demands data about acquisitions from Google, Amazon.com, Apple, Facebook and Microsoft
WASHINGTON (Reuters) - The Federal Trade Commission has issued special orders to five big tech companies — Alphabet’s Google (GOOGL.O), Amazon.com (AMZN.O), Apple (AAPL.O), Facebook (FB.O) and Microsoft (MSFT.O) — to provide information about mergers that were too small to report to antitrust agencies, the agency said on Tuesday.
The orders were issued as part of a study that the agency
Reuters
Sep 27 2023
News
Senate Dems ramp up calls for Menendez's resignation
HAPPENING NOW — POLITICO’s AI and Tech Summit, kicking off with an interview of FTC Chair LINA KHAN, followed by conversations with Rep. TED LIEU (D-Calif) and the CIA’s Director of AI LAKSHMI RAMAN. Watch live THE ‘RESIGN NOW’ CHORUS GROWS — Indicted Sen. BOB MENENDEZ (D-N.J.) pleaded not guilty before a New York federal judge this morning on charges stemming from an alleged bribery
Politico
Sep 26 2023
News
U.S. sues Amazon for illegally maintaining ‘monopolistic control’ of etailers, consumers: lawsuit
The Federal Trade Commission is suing Amazon.com, accusing the online retail giant in a landmark lawsuit of anti-competitive business practices implemented to illegally retain “monopolistic control.” Attorneys general from 17 different states joined the FTC in filing the lawsuit on Tuesday in U.S. District Court for the Western District of Washington. It marks the government’s fiercest
New York Daily News
Sep 26 2023
News
Bombshell Amazon Lawsuit: NH AG Among Those Alleging Illegalities
The lawsuit contends that Amazon’s actions allow it to keep rivals and sellers from lowering prices, degrade shopper experiences, overcharge sellers and prevent rival businesses from fairly competing against the company. “The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens
Patch.com
Sep 26 2023
News
Amazon faces new crackdown
The lawsuit targeting Amazon is twofold and builds on the government’s crackdown on the market power of powerful tech companies. The partially redacted 172-page complaint alleges the e-commerce giant’s practices are anti-competitive in how they affect shoppers and third-party sellers on the site. The government alleges that Amazon uses anti-competitive measures that punish sellers and deter
The Hill
Sep 26 2023
News
Rhode Island Part Of Bombshell Federal Lawsuit Against Amazon
The lawsuit contends that Amazon’s actions allow it to keep rivals and sellers from lowering prices, degrade shopper experiences, overcharge sellers and prevent rival businesses from fairly competing against the company. "The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens
Patch.com
Sep 26 2023
News
MI Part Of Bombshell Federal Lawsuit Against Amazon
The lawsuit contends that Amazon’s actions allow it to keep rivals and sellers from lowering prices, degrade shopper experiences, overcharge sellers and prevent rival businesses from fairly competing against the company. "The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens
Patch.com
Sep 26 2023
News
PA Part Of Bombshell Federal Lawsuit Against Amazon
The lawsuit contends that Amazon’s actions allow it to keep rivals and sellers from lowering prices, degrade shopper experiences, overcharge sellers and prevent rival businesses from fairly competing against the company. “The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens
Patch.com
Sep 27 2023
Opinion
Lina Khan Isn’t Wrong About Amazon
Finally, it’s showtime. Ever since Joe Biden made the bold decision in 2021 to bring in Lina Khan, a 32-year-old law scholar at the time, to lead the Federal Trade Commission, it was known that Amazon.com Inc. would be in her sights. The antitrust case her agency filed on Tuesday, which targets the company’s top-to-bottom control of e-commerce, is the culmination of a yearslong investigation.
Bloomberg