Federal Trade Commission, et al. v. Amazon.com, Inc. is a lawsuit brought against the multinational technology company and online retailer Amazon in 2023. The Federal Trade Commission (FTC), joined by the attorneys general of seventeen U.S. states, alleges that Amazon holds and abuses an online retail monopoly.[1][2]

Background

Amazon is a multinational technology company founded by Jeff Bezos in 1994 as a bookseller that has since become the world's largest online retailer.[3] The company has expanded to other ventures such as Amazon Prime Video and Amazon Web Services.[1] As of 2022, it had a turnover of over $500 billion, making it one of the largest companies in the world.[4] The case drew comparisons to a notable Yale Law journal article written by incumbent FTC Chair, Lina Khan, that used Amazon as an example of how United States antitrust law should be rewritten. Will Oremus of the Washington Post noted that the actual case was much more tempered than the arguments put forth by Khan in her article.[5]

Claims

The case, filed in the U.S. state of Washington, alleges that Amazon took part in a number of anti-competitive practices.[6]

The FTC and states allege Amazon's anticompetitive conduct occurs in two markets—the online superstore market that serves shoppers and the market for online marketplace services purchased by sellers.[7]

The alleged anticompetitive practices include:[7]

  • Anti-discounting measures
  • Conditioning sellers' ability to obtain Amazon Prime eligibility for their products

and seeking to extract monopoly rents by:[7]

  • Replacing organic search results with paid advertisements and "junk" ads
  • Biasing Amazon's search results
  • Charging costly fees to sellers 

The plaintiffs are seeking a permanent injunction in federal court that would prohibit Amazon from engaging in these practices.[7]

See also

References

  1. ^ a b McCabe, David (September 26, 2023). "U.S. Accuses Amazon of Illegally Protecting Monopoly in Online Retail". The New York Times. Archived from the original on September 26, 2023. Retrieved September 26, 2023.
  2. ^ Fung, Brian (September 26, 2023). "US government and 17 states sue Amazon in landmark monopoly case". CNN. Archived from the original on September 26, 2023. Retrieved September 26, 2023.
  3. ^ Debter, Lauren (May 12, 2022). "The World's Largest Retailers 2022: Pandemic Helps Amazon Cement Its Lead". Forbes. Archived from the original on September 26, 2023. Retrieved September 26, 2023.
  4. ^ "Topic: Amazon". Statista. Archived from the original on September 27, 2023. Retrieved September 27, 2023.
  5. ^ Oremus, Will (September 27, 2023). "Analysis | Lina Khan's Amazon lawsuit is nothing like her famous law article". Washington Post. ISSN 0190-8286. Retrieved December 5, 2023.
  6. ^ "Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers". AP News. September 26, 2023. Archived from the original on September 26, 2023. Retrieved September 26, 2023.
  7. ^ a b c d "FTC Sues Amazon for Illegally Maintaining Monopoly Power". Federal Trade Commission. September 26, 2023. Archived from the original on September 26, 2023. Retrieved September 27, 2023.
Allikas: https://en.wikipedia.org/wiki/FTC_v._Amazon
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