The Federal Trade Commission and 17 state attorneys general are suing Amazon over alleged monopolistic practices.
, the FTC explains that Amazon’s alleged illegality is not a result of its size, but due to the fact it “engages in a course of exclusionary conduct that prevents current competitors from growing and new competitors from emerging.”
“Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies,” said FTC Chair Lina M. Khan in a statement. “The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens of millions of American families who shop on its platform and the hundreds of thousands of businesses that rely on Amazon to reach them.
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