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ARTICLE · 18 OCTOBER 2023

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Federal Trade Commission – Amazon Sued For Maintaining Monopoly Power Illegally

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The Federal Trade Commission and 17 state attorneys general sued Amazon.com, Inc. claiming that the it is a monopolist in the online retail and technology company that uses a set of interlocking...

TurkeyMedia, Telecoms, IT, Entertainment
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The Federal Trade Commission and 17 state attorneys general sued Amazon.com, Inc. claiming that the it is a monopolist in the online retail and technology company that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. It is stated that, Amazon's actions cause to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon.

The FTC and states allege Amazon's anticompetitive conduct occurs in two markets—the online superstore market that serves shoppers and the market for online marketplace services purchased by sellers. These tactics include:

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