TLDR · MISCELLANEOUS

MAINTAINS MONOPOLY

arstechnica.com6 min read

Summary from the TLDR newsletter

The FTC and 17 state attorneys general are suing Amazon, claiming that the company illegally maintains monopoly power. They claim that Amazon uses a set of punitive and coercive tactics to unlawfully maintain its monopolies. The lawsuit aims to hold Amazon accountable for its practices and restore competition. It could result in the breaking up of the company. Amazon claims that the lawsuit is wrong on the facts and the law.