FTC and 17 States Sue Amazon, Alleging Price Inflation and Overcharging of Sellers ...Middle East

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FTC and 17 States Sue Amazon, Alleging Price Inflation and Overcharging of Sellers
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition. The lawsuit, filed in U.S. District Court for the Western District of Washington, is the result of a years-long investigation into Amazon’s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history. [time-brightcove not-tgx=”true”] According to a news release sent by the agency, the FTC and states that joined the lawsuit are asking the court to issue a perma

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