FTC and 17 State AGs file Antitrust suit against Amazon

Discussion in 'other software & services' started by hawki, Sep 26, 2023.

  1. hawki

    hawki Registered Member

    Joined:
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    "Amazon used market power to warp prices of goods across the internet, FTC alleges...

    The allegations focus on the company’s primary marketplace, Amazon.com, and paint a picture of a company able to use its size and power to pressure sellers to agree to its terms and warp the prices of goods...

    'Shoppers are paying higher prices as a result, not just on Amazon but across the internet. And the public as a whole has been deprived of the benefits of open and fair and free competition'...

    The FTC alleges that Amazon deters sellers from discounting goods and lowering prices below what is available on Amazon, pushing prices higher across the internet. It also argues that Amazon pushes sellers into its fulfillment services, making it more expensive for sellers to offer their goods elsewhere..."

    https://www.nbcnews.com/tech/tech-n...-prices-goods-internet-ftc-alleges-rcna117371
     
  2. ronjor

    ronjor Global Moderator

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