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The government’s case to break up Amazon, explained

1 min read
The Biden administration is suing Amazon over its monopoly

Image caption: FTC chair Lina Khan gained widespread notoriety for criticizing how Amazon uses its power to harm competition and consumers. Vox; Chip Somodevilla / Getty Images. Article by Sara Morrison. Vox – updated October 4, 2023.

The Federal Trade Commission thinks the Everything Store is an illegal monopoly, and it’s suing the company to stop it — which could mean breaking up the company. In its lawsuit filed on September 26, the antitrust agency, joined by 17 states, accuses Amazon of interlocking anti-competitive actions that, it says, have inflated prices for consumers, harmed third-party sellers in Amazon’s marketplace, and made it nearly impossible for other e-commerce platforms and retailers to compete. […]

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Report: Amazon made $1B with secret algorithm for spiking prices Internet-wide – Ars Technica

9 questions about the government’s effort to break up Amazon – Vox

Amazon reportedly used a secret algorithm to jack up prices – The Verge