Sunday, December 10, 2023

The United States filed a lawsuit against Amazon for monopoly

The e-commerce giant Amazon was sued by the US Federal Trade Commission (FTC) after he was accused “illegal continuation of its monopoly power” by degrading the shopping experience for customers and companies.

“Amazon (is a monopolistic agent) and exploits its monopolies so that buyers and sellers pay more for lower quality services” said FTC Chairwoman Lina Khan.

In a lawsuit filed in federal court in Seattle, Washington State, the FTC and 17 other state prosecutors accused Amazon “not of being a big company,” but of using anti-competitive and anti-competitive tactics. “Its opposites will now grow and new ones will take root.”

Likewise, the company was sued for forcing bidders on the platform to use logistics and delivery services to achieve a better position for its products on the web. On the other hand, companies that offer their products at lower prices on other portals are “CEBU“.

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Similarly, Amazon has imposed prohibitive fees on “tens of thousands of businesses that have no choice but to turn to Amazon to stay open.” In this sense, considering the different types of taxes, Companies using the platform must “pay close to 50% of their total revenue” Jeff Bezos’s company.

“Amazon’s continued pattern of illegal conduct stifles competition, allowing it to use monopoly power to raise prices, lower quality, and undermine innovation for consumers and businesses,” it concluded. in the regulator’s statement.


Last July, the European Commission opened an “in-depth” investigation against Amazon following its acquisition of iRobot, the company behind the Roomba vacuum cleaners, due to the advantages that the transaction would provide first in terms of to “suppress” competition in the autonomous vacuum cleaner market while “strengthened its position as a supplier in the market.”

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According to the agency’s preliminary findings, the acquisition “could” allow Amazon to limit competition by preventing or restricting the sale of rival vacuum cleaners on its website, or by restricting their compatibility with other home appliances, such as Alexa.

Nation World News Desk
Nation World News Desk
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