The government’s case to break up Amazon, explained
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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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