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FTC sues Amazon, accuses company of illegally maintaining monopoly power

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The Federal Trade Commission has filed a lawsuit against Amazon, accusing the company of illegally maintaining its monopoly power 'to inflate prices, degrade quality, and stifle innovation...'

The Federal Trade Commission has filed a lawsuit against Amazon, accusing the company of illegally maintaining its monopoly power"to inflate prices, degrade quality, and stifle innovation for consumers and businesses.

 

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FTC Sues Amazon, Alleging Company Illegally Maintains ‘Monopoly Power’The Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against Amazon.
Source: Variety - 🏆 108. / 63 Read more »