Amazon Under Fire For Abusing Pricing Power, 17 States And FTC File Antitrust Lawsuit
Amazon Under Fire For Abusing Pricing Power, 17 States And FTC File Antitrust Lawsuit Years after the Federal Trade Commission (FTC) began investigating tech giant Amazon, the regulatory agency is now ready to bring the company to court. The FTC is being joined by 17 U.S. states in its filing of an antitrust lawsuit, alleging that Amazon has used its power in the marketplace to stifle competition, overcharge sellers using its platform, and inflate market prices....