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Amazon To Be Hit With Antitrust Lawsuit

  • The Federal Trade Commission is preparing an antitrust lawsuit against Amazon that could force the company to break up its divisions and diminish its market control.
  • The suit is being prepared and could come out in the next few months, according to the Wall Street Journal. It is possible that the commission could decide not to move forward with it, particularly in light of a judge denying the FTC’s suit against Facebook over its acquisition of a virtual reality developer.
  • Amazon has been under intense scrutiny from regulators and lawmakers over allegations that it was limiting competition through the promotion of its own branded content and favoring products through Amazon Prime.
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