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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
Jul 25 2021
News
The FTC Votes Unanimously to Enforce Right to Repair
During an open commission meeting Wednesday, the Federal Trade Commission voted unanimously to enforce laws around the Right to Repair, thereby ensuring that US consumers will be able to repair their own electronic and automotive devices.
The FTC’s endorsement of the rules is not a surprise outcome; the issue of Right to Repair has been a remarkably bipartisan one, and the FTC itself
Wired
Jun 16 2021
News
New FTC chair already rocking boats
By naming tech critic Lina Khan to chair the Federal Trade Commission Tuesday, the White House made clear it is dead serious about antitrust enforcement and other measures to rein in Google, Facebook, Apple and Amazon.
The intrigue: By naming Khan FTC chair just hours after the Senate confirmed her appointment as one of five commissioners at the agency, the White House took both the
Axios
Jul 22 2022
News
Klobuchar Asks FTC to Probe Amazon's Acquisition of One Medical
Sen. Amy Klobuchar, D-Minn., this week sent a letter to the Federal Trade Commission calling for a probe into Amazon's attempt to purchase the primary healthcare company One Medical, The Hillreports.
Amazon announced on Thursday that it will acquire One Medical, which provides online health services as well as in-person treatment, in a deal worth about $3.9 billion.
"This
Newsmax (News)