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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 monopoly power.

0:53The 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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Amazon sued by FTC, which charges that company is 'exploiting its monopoly power'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.
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