Amazon faces one of the toughest legal battle in its 30-year history, sued by FTC and 17 states
Amazon is facing a lawsuit by the Federal Trade Commission and 17 state attorneys general over allegations of abusing its position in the marketplace. The lawsuit claims that Amazon engages in exclusionary conduct to prevent competition and maintain its dominance. It alleges that Amazon's practices impact retail sales, products, and shoppers on a large scale. The lawsuit seeks to hold Amazon accountable for its monopolistic practices and restore fair competition. Speculation remains on whether the lawsuit will result in a forced breakup of the company.
from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/YRjikIu
from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/YRjikIu
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