In a landmark move, the United States Federal Trade Commission (FTC) has filed an antitrust lawsuit against Amazon, alleging that the tech giant has abused its dominant position in the online retail market. This marks a significant development in the growing scrutiny of Big Tech companies and their market power..
The FTC’s complaint, filed in the U.S. District Court for the District of Columbia, accuses Amazon of engaging in anti-competitive conduct that has harmed consumers and stifled innovation in the e-commerce sector. The agency alleges that Amazon has used its market dominance to favor its own products and services over those of its rivals, while also imposing restrictive conditions on third-party sellers that use its platform..
