The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC and its state partners say Amazon’s actions allow...
It really feels like the FTC woke up a little while ago and is finally trying to enforce anti-trust rules.
Though I do worry it’s a case of too little, too late; I remember they had to break up Microsoft a couple of decades ago and it certainly helped for a while. Hopefully these actions can help too, even if things already seem pretty far gone
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FTC Sues Amazon for Illegally Maintaining Monopoly Power ( www.ftc.gov )
The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC and its state partners say Amazon’s actions allow...