FTC Attacks Amazon’s Most Esteemed Features
Background In September 2023, Amazon, the e-commerce behemoth, was hit with a lawsuit that could change how we buy and sell online. The Federal Trade Commission (FTC) and 17 states sued Amazon, alleging it uses unfair tactics to stay on top, at the expense of consumers and businesses alike. The complaint says Amazon breaks the law not because it's a big company, but because it acts in ways that stop current rivals from growing and block new competitors from gaining momentum. One striking...