The lawsuit will target the company’s logistics program, Fulfillment by Amazon, pricing on its website by third-party sellers and will suggest “structural remedies” that could bre…
The lawsuit will target the company’s logistics program, Fulfillment by Amazon, pricing on its website by third-party sellers and will suggest “structural remedies” that could break the company up, the report added.The FTC’s lawsuit will reportedly suggest “structural remedies” that could break the company up. Above, FTC Chair Lina Khan.The company’s shares, which have gained about 63% so far this year, edged 0.4% lower in extended trading.
The probe began during former President Donald Trump’s administration when the government decided to investigate Amazon, Google, Meta Platforms and Apple for allegedly breaking antitrust law.on its platform, among other allegations. The company has denied the allegations.REUTERS FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon’s structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny.and making it hard for them to cancel the plan.
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