A federal judge said the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon.
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The FTC and the attorneys general of 18 states, plus Puerto Rico, have alleged in court the e-commerce behemoth is abusing its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition that pops up on the market. U.S. regulators and state attorneys general are accusing the online retailer of violating federal and state antitrust and consumer protection laws.
Amazon, for its part, expressed confidence that it could prove its argument in court as the case proceeds
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Judge rules the FTC can proceed with antitrust lawsuit against Amazon, tosses out few state claimsA federal judge said the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon. But Judge John H. Chun also gave the company a small victory by tossing out a few claims made by states involved in the legal fight. The order, which was issued last week and unsealed on Monday, is a defeat for Amazon.
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