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Zenger
Zenger
Piero Cingari

Amazon Faces Antitrust Lawsuit Over Monopolistic Practices

Amazon Lawsuit FTC Lina M Khan Citigroup e-commerce Nasdaq Rosenblatt
The legal actions against Amazon allege the e-commerce and technology giant is wielding monopolistic power within the market and employing anti-competitive tactics to preserve its dominance.SHUTTERSTOCK.

Amazon.com, Inc. (NASDAQ: AMZN) is currently facing an antitrust lawsuit jointly filed by the Federal Trade Commission (FTC) and 17 state governments on Sept. 26.

These legal actions allege the e-commerce and technology giant is wielding monopolistic power within the market and employing anti-competitive tactics to preserve its dominance.

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