
Amazon Sued by U.S. FTC and 17 States Over Antitrust Allegations
The U.S. Federal Trade Commission (FTC), along with attorneys general from 17 states, filed an antitrust lawsuit against Amazon on September 26. The lawsuit accuses the e-commerce giant of using its "monopoly power" to artificially inflate prices, degrade the quality of the shopping experience, and stifle competition. The case was filed in a federal court...