The antitrust lawsuit alleges that Amazon uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
The lawsuit, filed in U.S. District Court for the Western District of Washington, is the result of a years-long investigation into Amazon’s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history. According to a news release sent by the agency, the FTC and states that joined the lawsuit are asking the court to issue a permanent injunction court that they say would prohibit Amazon from engaging in its unlawful conduct and loosen its “monopolistic control to restore competition.
Many had wondered whether the agency would seek to a forced breakup of the retail giant, which is also dominant in cloud computing and has a growing presence in other sectors including groceries and healthcare. In a briefing with reporters, Khan dodged questions of whether that will happen.
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