Amazon hit with antitrust lawsuit by FTC, 17 states ...Middle East

Technology by : (The Hill) -
The Federal Trade Commission (FTC) and a bipartisan coalition of 17 state attorneys general sued Amazon over violations of anticompetitive behavior on Tuesday, building on the government’s crackdown on the market power of powerful tech companies.  The lawsuit targeting Amazon is two-fold — alleging that the e-commerce giant’s practices are anticompetitive in how it serves shoppers as well as third-party sellers on the site, according to an FTC announcement.  The government alleges that Amazon uses anti-competitive measures that punish sellers and deter other online retailers from offering lower prices than Amazon, which keeps prices higher for consumers across the internet even off

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