Biden's FTC chairwoman again goes after Amazon, the company that made her famous

The Federal Trade Commission is once again confronting a Big Tech target, but critics accuse the agency of going"rogue."

The paper argues that the tech giant enjoys monopoly-like powers by operating in so many different business categories and advocates a more aggressive regulatory stance, including possibly breaking up the company. In its latest filing, the regulatory agency claims in a suit filed in the Western District of Washington that Amazon violated the FTC Act and the Restore Online Shoppers' Confidence Act by using intentional design decisions to deceive and complicate users' ability to end their Prime subscriptions. Amazon denies the claims as"false on the facts and the law.”

The FTC does make a strong point in its most recent case involving Amazon Prime, according to George Washington University law professor William Kovacic. Comer opened an investigation into Khan over whether she's transformed the FTC into a"rogue agency," while Jordan accused Khan of taking political actions against Twitter following Elon Musk's takeover.

Canada Canada Latest News, Canada Canada Headlines

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

Where home prices are falling and the FTC sues Amazon | CNN BusinessRealtor.com’s Danielle Hale tells “Nightcap’s” Jon Sarlin the tide may be slowly shifting on home prices. Plus, CNN’s Brian Fung explains why the government says Amazon tricked people into signing up for Prime memberships. And The Hollywood Reporter’s Rebecca Keegan outlines Pixar’s future, after “Elemental’s” disappointing box office open. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter.
Source: CNN - 🏆 4. / 95 Read more »