The Federal Trade Commission claims Amazon is monopolizing the marketplace and inflating prices. Maine is now joining 17 other attorney generals and the FTC in filing antitrust claims.
The FTC’s alleges that rthe online retailer unfairly promotes its own platform and services at the expense of third-party sellers. The lawsuit does not seek to break up Amazon’s business.
Maine is signing on to a massive lawsuit against Amazon, alleging the online retail giant is monopolizing the marketplace and inflating prices: https://t.co/d6QnYGeFnR
— CBS 13 News (@WGME) September 27, 2023
BREAKING: The FTC has filed its long-anticipated antitrust lawsuit against Amazon, accusing the company of wielding its “monopoly power” to inflate prices, degrade quality for shoppers and unlawfully exclude rivals. @EamonJavers reports. https://t.co/ndNiq7kfua pic.twitter.com/AbOxf7RHlV
— CNBC (@CNBC) September 26, 2023