FTC Sues Amazon for Alleged Anti-Competitive Practices, Claims Monopoly Power

Benzinga 2023-10-11

Views 3

The Federal Trade Commission has filed a lawsuit against Amazon, accusing the company of engaging in anti-competitive practices by using its monopoly power to harm competitors and consumers. Several third-party sellers have gone bankrupt due to Amazon's direct competition. Amazon has denied the allegations and stated that sellers choose to use their services because they offer more value. Independent sellers have expressed frustration over Amazon's ability to prioritize its own products and the high fees they must pay.

Share This Video


Download

  
Report form
RELATED VIDEOS