FTC Prepares Antitrust Suit Against Amazon
The Federal Trade Commission is preparing a potential antitrust lawsuit against Amazon that in the coming months could challenge an array of the tech giant's business practices as anticompetitive, WSJ reported Friday, citing people familiar with the matter. From the report: The timing of any case remains in flux, some of the people said. The commission also could opt not to proceed, and doesn't always bring cases even when it is making preparations to do so. Amazon officials haven't had individual late-stage meetings with each of the FTC commissioners to make their arguments against a legal challenge, those people said. The commission in recent years has been examining Amazon practices including whether it favors its own products over competitors' on its platforms and how it treats outside sellers on Amazon.com, according to some of the people familiar with the matter. The FTC also has been scrutinizing the company's Amazon Prime subscription service's bundling practices, some of the people said. Exactly which aspects of the business the FTC would target in a potential Amazon lawsuit couldn't be learned. Amazon and the FTC declined to comment.
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