Amazon will soon face a long-anticipated antitrust lawsuit from the Federal Trade Commission, Bloomberg reported Thursday.
The complaint is expected to focus on Amazon’s online marketplace and how the company uses its power to favor merchants that use its logistics services, Bloomberg reported based on documents it reviewed and three unnamed sources familiar with the case. The complaint could be filed in the coming weeks, Bloomberg said.
Such a lawsuit would be a huge milestone for FTC Chair Lina Khan, who became a known figure in the antitrust world in 2017 when The Yale Law Journal published her note, “Amazon’s Antitrust Paradox.” In it, Khan argued that the prevailing antitrust framework at the time failed to adequately assess Amazon’s vast power and the ways it could use it to harm competition.
Source: CNBC
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 