Becker's Healthcare September 26, 2023
The Federal Trade Commission and 17 state attorneys general filed a lawsuit against Amazon alleging that the online commerce giant engages in unfair monopolistic practices.
The lawsuit claims that Amazon facilitates two anticompetitive processes in its online marketplace. First, the lawsuit alleges that Amazon uses anti-discounting measures to punish other online retailers from offering prices lower than Amazon. Secondly, the FTC claims that conditioning sellers’ ability to obtain Prime memberships has made it more expensive for sellers and represents “unlawful coercion,” according to a Sept. 26 FTC news release.
Additionally, the regulatory agency accuses the tech giant of replacing search results with paid advertisements, biasing search results for Amazon goods and charging costly fees for sellers.
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