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US regulators have been probing Amazon.com and other Big Tech companies for antitrust violations and the FTC has long been expected to take formal action against the online retailer. US state and federal courts are grappling with cases relating to competition law that focus on Amazon's pricing practices, fulfillment centers and the company's relationships with major book sellers.
(Bloomberg) -- The Federal Trade Commission is expected to sue Amazon.com Inc. for antitrust violations next week, according to people familiar with the matter – marking the agency’s fourth swipe at the online retail giant this year.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanIndia Suspends Visas, Canada Pulls Diplomats A
Pennsylvania oncology group Alliance Cancer Specialists suing Jefferson Health and Thomas Jefferson University Hospitals for allegedly attempting to monopolize the cancer market
An anonymous coalition of brands and human rights advocates called "Shut Down Shein” has been lobbying lawmakers seeking to increase scrutiny on the fast fashion site.
Spain has fined Amazon and Apple a total of 194.1 million euros (over $218 million) for antitrust violations. According to Reuters, the penalties relate to a deal the companies made in 2018 that made Amazon an authorized Apple dealer but also included alleged anti-competitive clauses. “The two companies restricted without justification the number of sellers of Apple products on the Amazon website in Spain,” Spain’s antitrust regulator, Comisión Nacional de los Mercados y la Competencia (CNMC), said today.