US government accuses Amazon of using its power to inflate prices
by Johana Bhuiyan, Nick Robins-Early and agencies from Technology | The Guardian on (#6F31N)
Federal Trade Commission and 17 states sue retail giant in major antitrust case
The Federal Trade Commission (FTC) and 17 state attorneys general have sued Amazon, 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 US district court for the western district of Washington on Tuesday, 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.
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