Connect with us

Hi, what are you looking for?

American Stock ReviewAmerican Stock Review

Tech News

Judge greenlights FTC’s antitrust suit against Amazon

Illustration by Alex Castro / The Verge

A federal judge gave the Federal Trade Commission the green light to pursue antitrust claims against Amazon, a newly unsealed order reveals, though some claims under state laws won’t move forward.

Amazon filed a motion to dismiss the 2023 lawsuit, which alleges the company illegally maintains a monopoly by punishing sellers who discount products outside of Amazon and “effectively requires” them to use its own fulfillment services for coveted positioning on the site. Judge John Chun denied Amazon’s attempts to dismiss several federal claims that were based on the FTC Act and the Sherman Act. Chun did deny some claims that Amazon violated state law, the result of state-level attorneys general signing on to the suit. But he gave them a…

Continue reading…

You May Also Like

Editor's Pick

The over-deviated markets continued to extend their losses for the fourth week in a row. The Nifty remained largely under sustained selling pressure over...

Politics

A former deputy Palm Beach County sheriff who fled to Moscow and became one of the Kremlin’s most prolific propagandists is working directly with...

Politics

“And there’s very few states that benefit like you do from fracking. I mean, you have 500,000 jobs.” — Former president Donald Trump, remarks...

Politics

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...