FTC Sues Amazon for Abusing Monopoly Power Against Third-Party Sellers

FTC lawsuit alleges Amazon abused monopoly power to hurt competition, but doesn't explicitly seek to break up the company.
Lawsuit focuses on Amazon's treatment of 3rd party sellers through fees, delivery policies, and price punishments.
Amazon controls 60% of online retail, making it hard for sellers to avoid its platform, according to FTC.
FTC says Amazon fees amount to half of sellers' revenue, limiting their ability to compete.
For now, FTC seeks injunction against Amazon's practices, but breakup remains a possible outcome.

npr.org

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Posted 9/28/2023, 10:42:24 AM