FTC's Recent Antitrust Cases Against Amazon: A Comprehensive Overview

1 min read
Source: NBC News
FTC's Recent Antitrust Cases Against Amazon: A Comprehensive Overview
Photo: NBC News
TL;DR Summary

The Federal Trade Commission (FTC) has brought four cases against Amazon under the Biden administration. The latest lawsuit, supported by 17 state attorneys general, alleges that Amazon engaged in monopolistic practices by warping prices and stifling competition. The FTC has also settled cases with Amazon's security camera company, Ring, over employee spying allegations, and with Amazon over allegations that its Alexa devices stored user information indefinitely. Additionally, the FTC has sued Amazon for allegedly tricking users into signing up for its paid subscription service, Prime, using deceptive tactics. Amazon has settled some cases, while others are still pending trial, with the company maintaining that it disagrees with the FTC's claims.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

87%

863110 words

Want the full story? Read the original article

Read on NBC News