The FTC Sues Amazon for Antitrust Violation
I thought this may interest many members of the Wealthy Affiliate Community.
The FTC is suing Amazon for antitrust violations, alleging that the company has used anticompetitive practices to maintain its monopoly power and harm consumers. The FTC seeks a permanent injunction prohibiting Amazon from engaging in these practices.
You can read the full article here at https://www.ftc.gov/news-events/news/press-releases/2023/09/ftc-sues-amazon-illegally-maintaining-monopoly-power
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Recent Comments
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I knew that this was coming, Matt, just wasn't sure when! Thanks for the announcement!
Jeff
Yeah I read about that. There is also a lawsuit with Google by the Justice Dept in USA for its abuse of monopoly power (another anti-trust law violation). Nothing surprises me, Matt. Thanks for sharing. USA is famous for being the most litigious country.
Yes, they are. I haven't read the article about Google yet. Nothing will come from this anyway...just a bunch of wasted taxpayers' money😒
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Thank you for this information, Matt!
-Mike