FTC's Antitrust Lawsuit Targets Amazon's Online Marketplace Power

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Source: Yahoo Finance
TL;DR Summary

The US Federal Trade Commission (FTC) is planning to prosecute Amazon's core online marketplace, alleging that the company abuses its power by favoring merchants who use its logistics services and penalizing those who do not. FTC investigators, led by Lina Khan, have been working on the complaint for months and are finalizing the details. Khan is unlikely to accept compromises and may seek to restructure the company. This comes as part of the US government's crackdown on Big Tech, which includes complaints against Google and Meta Platforms, as well as an investigation into Apple.

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