Of protecting its Market Dominance in Online Retail at the expense of consumers and third party sellers. Our north American Business correspondent erin delmore has more from new york. Its a case that has been in the works for years, under the watchful eye of ftc chair lina khan, who made her name in the Antitrust World With A Blockbuster 2017 legal paper detailing amazons monopoly footing. On thursday, khans ftc struck its widest blow against amazon yet a sweeping lawsuit alleging the company stifled competition in its online marketplace. 17 statesjoined in. The lawsuit challenges a bunch of amazons business practices, including prioritising its own products in search results, ahead of ones by third party sellers, and anti discounting measures that ensured sellers list their lowest prices on amazon, and requiring sellers to use amazons network of Delivery Services as a condition of being included in its popular prime subscription service. Rivals, according to the ftc, just couldnt comp
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Azimut Holding S.p.A. (OTCMKTS:AZIHF – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 891,000 shares, a growth of 34.1% from the April 30th total of 664,400 shares. Based on an average daily trading volume, of 200 […]