Amazon Reportedly Facing Big Antitrust Suit From Lina Khan's FTC

From CNET: The Federal Trade Commission under chair Lina Khan is gearing up to file a "far-reaching" antitrust lawsuit against Amazon, Bloomberg reported Thursday.

The FTC is expected to file the suit in the coming weeks, which sources tell Bloomberg will allege the tech giant pressures online merchants to use its in-house logistics service by rewarding those who do use it and punishing those who don't.

News of the potential FTC suit comes just two weeks before Amazon Prime Day, with third-party retailers using its marketplace also able to tap into the Prime Day sales.

Khan has been an outspoken advocate for antitrust enforcement of Big Tech since her appointment as FTC chair in mid-2021. As she outlined in her vision for the agency's consumer protection mission, the FTC would be taking "a holistic approach to identifying harms" that attacked root causes of corporate behaviors that negatively affected consumers.

View: Full Article