The US Federal Trade Commission (FTC) and the attorneys general of 17 states filed a lawsuit against Amazon on Tuesday on antitrust charges.
Amazon's actions, the FTC and its state partners claim, allow it to prevent rivals and vendors from lowering prices, "degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon." Besides, the agency added that by suppressing competition, the company guarantees "that no current or future rival can threaten its dominance."
"Today's lawsuit seeks to hold Amazon to account for these monopolistic practices and restore the lost promise of free and fair competition," FTC Chair Lina M. Khan stated.
