Amazon sued by FTC, which charges that company is 'exploiting its monopoly power'

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The FTC filed an antitrust lawsuit against Amazon Tuesday, making for the highest-profile case yet in the agency's attempt to rein in Big Tech.

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.

The lawsuit, which challenges the tech giant’s business practices as anticompetitive, was filed after months of talks. For years, the agency has been scrutinizing whether Amazon favors its own products over those of competitors on its digital platforms. The FTC also has studied the Amazon Prime subscription service’s bundling practices.The FTC has pursued two previous actions against Amazon, but this suit will be a decisive test for Khan and the Biden administration.

The FTC has laid down some regulatory bread crumbs on its way to this historic action, Garcia and other legal experts say.

 

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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