Amazon: the FTC could launch a new action







Photo credit © UzirePictures

(Boursier.com) — The FTC, the American Federal Trade Commission, could initiate action against the online commerce giant Amazon this month, the group having not provided enough concessions to settle complaints about alleged anti-competitive practices. The Wall Street Journal cites sources close to the matter on this subject. Bloomberg, also citing people familiar with the matter, confirms that the Federal Trade Commission is likely to sue Amazon later this month, following a four-year antitrust investigation. The antitrust action is expected to target the online retail giant’s marketplace, where third-party merchants, who now account for more than half of the company’s online sales, pay a commission on each sale, according to Bloomberg’s sources. who asked not to be named. This new action by the FTC would be the fourth this year targeting Amazon, while Lina Khan, president of the commission, has criticized the Amazon platform since her student years, recalls Bloomberg.


©2023 Boursier.com






Source link -87