Amazon reportedly facing FTC antitrust investigation
The Federal Trade Commission is reportedly exploring an antitrust suit against Amazon, although its future remains uncertain. The Wall Street Journal reported the news today, saying that the case could cover an “array” of Amazon business practices. But the agency reportedly hasn’t committed to the suit or heard dissenting arguments from key Amazon executives.
FTC head Lina Khan has leveled heavy criticism at Amazon over allegedly monopolistic business practices, including before joining the agency; she’s the author of an influential 2017 Yale Law Review article titled “Amazon’s Antitrust Paradox.” (Amazon unsuccessfully attempted to disqualify her from regulating the company based on her statements.) And over the past years, she and...