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The Independent UK
The Independent UK
National
Bevan Hurley

Amazon facing major anti-trust lawsuit for allegedly ripping off customers and suffocating competition

Amazon FTC Lina Khan Lawsuit
Associated Press

The Federal Trade Commission and 17 state attorneys general are suing Amazon after accusing the e-commerce giant of unlawfully exploiting its monopoly to jack up prices and stifle competition.

The FTC said in a statement that Amazon’s alleged anti-competitive practices prevent sellers from lowering prices, degrades quality for shoppers and unlawfully excludes rivals in a statement on Tuesday.

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