Amazon may face ‘far-reaching’ FTC antitrust lawsuit in coming weeks: report

The Federal Trade Commission is gearing up to launch a “far-reaching” antitrust lawsuit against Amazon.com Inc.

with a focus on its e-commerce business, Bloomberg News reported Thursday. The suit, which could hit in the coming weeks, is expected to emphasize allegations that Amazon rewards merchants that use its logistics services and punishes merchants that don’t. The story cites multiple unnamed sources as well as documents reviewed by Bloomberg. It notes that past public comments from FTC Chair Lina Khan imply she may push for a restructuring of Amazon’s business, though the company would appeal that.

with a focus on its e-commerce business, Bloomberg News reported Thursday. The suit, which could hit in the coming weeks, is expected to emphasize allegations that Amazon rewards merchants that use its logistics services and punishes merchants that don’t. The story cites multiple unnamed sources as well as documents reviewed by Bloomberg. It notes that past public comments from FTC Chair Lina Khan imply she may push for a restructuring of Amazon’s business, though the company would appeal that.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon plans multibillion-dollar development in Ohio as FTC bears inAmazon is building a multibillion-dollar data center operation in reliably red Ohio as the Biden administration’s federal regulators are ramping up scrutiny of the company and other big-tech firms.
Source: WashTimes - 🏆 235. / 63 Read more »

Justice Department, FTC toughen merger guidelinesAntitrust regulators released tougher guidelines for merger reviews on Tuesday that could delay transactions by two to three months. The first major changes...
Source: MarketWatch - 🏆 3. / 97 Read more »