Amazon Could Be Forced to Shed Assets Under Bill
The House bill could mandate structural separation of the e-commerce giant and other big tech companies that Congress spent 15 months investigating as part of an inquiry into their size and power.
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The House bill could mandate structural separation of the e-commerce giant and other big tech companies that Congress spent 15 months investigating as part of an inquiry into their size and power.
Congress is entering a new phase in its years-long battle to rein in tech's power.
District of Columbia Attorney General Karl Racine alleged in an antitrust lawsuit that Amazon blocks sellers on its marketplace from offering lower prices elsewhere to stymie competition.
Amazon Policy Leads to Higher Consumer Prices, D.C. Suit Alleges © Watchara Phomicinda/Associated Press WASHINGTON—The District of Columbia filed an antitrust lawsuit against Amazon.com Inc. Tuesday, alleging the company blocks sellers on its marketplace from offering lower prices elsewhere to stymie competition. The lawsuit, filed in Washington, D.C., Superior Court, targets “most favored nation” clauses Amazon has imposed on sellers on its online marketplaces. The clauses prevent Amazon sellers from offering lower prices on other websites, including their own, D.C. Attorney General...
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