Tag: amazon lawsuit

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC
Technology

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

[ad_1] Amazon is heading into one of its biggest sales events of the year — Prime Day — with a lawsuit hanging over its head that accuses it of preventing sellers from hawking their merchandise at lower prices on other sites.The Federal Trade Commission's long-awaited antitrust case is the agency's most aggressive move yet to tame the market power of Amazon, a company that's become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the agency hasn't been shy about taking big swings against some of America's biggest companies and testing the limits of competition law to reverse what many of her supporters see as decades of weak antitrust enforcement. But that approach has also led to some high-profile setbacks, most notably in the FTC's bid to block Microsoft's t...
Amazon sued by FTC over allegations it inflates online prices and overcharges sellers
Technology

Amazon sued by FTC over allegations it inflates online prices and overcharges sellers

[ad_1] The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.The lawsuit, filed in U.S. District Court for the Western District of Washington, is the result of a years-long investigation into Amazon's businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history. According to a news release sent by the agency, the FTC and states that joined the lawsuit are asking the court to issue a permanent injunction court that they say would prohibit Amazon from engaging in its unlawful conduct and loosen its “monopolistic control to res...
Amazon Pressed on Warehouse-Rebuilding Plan After Deadly 2021 Tornado
Technology

Amazon Pressed on Warehouse-Rebuilding Plan After Deadly 2021 Tornado

[ad_1] Three US lawmakers questioned Amazon.com Inc.’s plans for rebuilding an Illinois warehouse that collapsed. Three US lawmakers questioned Amazon.com Inc.'s plans for rebuilding an Illinois warehouse that collapsed in a tornado last year, killing six workers and prompting an investigation by workplace safety regulators. The lawmakers said the e-commerce company should be constructing the warehouse with stronger safety features than existed before the collapse. Amazon is a tenant in the facility owned by a separate company. “Workers have a right to safety at work, and employers have a duty to ensure, to the best of their ability, that their workplace is safe from harm and built to withstand reasonably expectable safety risks,” according to the letter signed by Senator Elizabe...