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The Federal Trade Commission and 17 state attorneys general have filed an antitrust lawsuit against Amazon

2025-01-16 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Alejandro86, Brother Black fly's left hand and Mr. Aviation's clue delivery! CTOnews.com, September 27 (Xinhua)-- the United States has once again launched a large-scale antitrust lawsuit against Amazon.

On September 26, local time, the Federal Trade Commission (FTC) and the attorneys general of 17 states filed a full antitrust lawsuit against Amazon, accusing the e-commerce giant of abusing its market dominance to raise commodity prices and using illegal means to eliminate potential competitors, according to CCTV news.

Tuyuan Pixabay "our complaint details how Amazon uses a series of punitive and coercive strategies to illegally maintain its market monopoly," FTC chairwoman Lina Khan said in a statement issued on Tuesday local time.

"our lawsuit details allegations about how Amazon is now using its monopoly power to benefit itself while raising prices. reduce the quality of service for tens of millions of households who shop on the Amazon platform in the United States and hundreds of thousands of companies that rely on Amazon to reach them."

In response, Amazon said in a statement: "the lawsuit filed by the FTC today is wrong in fact and law, and we look forward to proving it in court."

In the lawsuit, the Federal Trade Commission accused Amazon of illegal practices in its online shopping platform and a wide range of services provided to third-party sellers. enables the company to obtain "monopoly rent" from everyone in its area of influence.

Specifically, the agency accused Amazon of punishing sellers who offer low-cost products on different platforms and limiting which sellers are eligible for Prime shipping offers. The United States believes that Amazon is charging exorbitant fees from sellers who rely on the platform to maintain their business.

In addition, the agency accused Amazon of abusing its algorithm to make its search results more beneficial to the company's own products. In other words, Amazon can improve the ranking of its products in the product search results on its shopping platform, regardless of other higher-quality products.

The agency said it was "seeking a permanent injunction from the federal court to prohibit Amazon from engaging in illegal practices and to pry Amazon's monopoly control to restore fair competition."

There have been months of rumors that the FTC might sue Amazon, and FTC has repeatedly blamed Amazon.

In June, FTC sued the tech giant, accusing it of deceiving customers into signing up for Prime subscriptions and making it difficult to cancel. Then there are Amazon's recent acquisition of iRobot, a maker of robotic vacuum cleaners, for $1.42 billion (CTOnews.com Note: about RMB 10.38 billion), and Amazon's acquisition of MGM, which began under scrutiny last year.

In addition, FTC is investigating other areas of Amazon's business. Earlier this year, Amazon agreed to pay $5.8 million (currently about 42.398 million yuan) to settle FTC's lawsuit. The tech giant paid $25 million (currently about 183 million yuan) to resolve another FTC complaint alleging that Amazon's Alexa products violated several federal laws to store recordings of children's voices.

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