FTC Sues Amazon, Alleging Company Illegally Maintains ‘Monopoly Power’

The Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against Amazon. Among the accusations, the lawsuit alleges that Amazon’s actions allow it to stop rivals and sellers from lowering prices; degrade quality for shoppers; overcharge sellers; stifle innovation; and prevent rivals from fairly competing against Amazon.

Source: FTC Sues Amazon, Alleging Company Illegally Maintains ‘Monopoly Power’

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