The Federal Trade Commission is preparing a possible antitrust lawsuit against Amazon.com Inc. (amzn) the Wall Street Journal reported Friday, citing people familiar with the matter. The suit could challenge many of the tech giant's business practices as being anticompetitive, the people said. Amazon officials have not yet had meetings with FTC commissioners to argue against any suit, but the agency has been reviewing the company's practices to determine whether it favors its own products over competitors' on its platform, and how it treats third-party sellers on Amazon.com, some of the people said. Read More...
The Federal Trade Commission is preparing a possible antitrust lawsuit against Amazon.com Inc. (amzn) the Wall Street Journal reported Friday, citing people familiar with the matter. The suit could challenge many of the tech giant’s business practices as being anticompetitive, the people said. Amazon officials have not yet had meetings with FTC commissioners to argue against any suit, but the agency has been reviewing the company’s practices to determine whether it favors its own products over competitors’ on its platform, and how it treats third-party sellers on Amazon.com, some of the people said.
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