FTC Lawsuit Targets Amazon's Monopolistic Practices

Amazon controls a marketplace where it also competes, creating a conflict of interest. The FTC lawsuit claims this allows Amazon to exploit sellers and raise prices.

Amazon uses its software to monitor competitor prices and undercut them. It has crushed many small businesses in its wake.

Amazon uses data from independent sellers to make competing Amazon-branded products, despite claims to the contrary.

Amazon allegedly used an algorithm called Project Nessie to test how high it could raise prices before being undercut by rivals.

While current antitrust law makes breaking up Amazon unlikely, the FTC lawsuit aims to stop its monopolistic practices like penalizing sellers who discount off-Amazon.