Home Technology peripherals It Industry FTC and 17 state attorneys general file antitrust lawsuit against Amazon

FTC and 17 state attorneys general file antitrust lawsuit against Amazon

Sep 29, 2023 am 09:53 AM
Amazon

According to news, the United States has once again launched a large-scale antitrust lawsuit against Amazon

According to CCTV news reports, the U.S. Federal Trade Commission (FTC) and the attorneys general of 17 states filed a lawsuit against Amazon on September 26 A comprehensive antitrust lawsuit was filed. The lawsuit accuses the e-commerce giant of abusing its market dominance, raising prices and using illegal means to eliminate potential competitors

美国联邦贸易委员会和 17 州检察长对亚马逊提起反垄断诉讼
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In a statement from FTC Chairman Lena Khan, she said our complaint details how Amazon uses a range of punitive and coercive tactics to unlawfully maintain its market monopoly.

Our lawsuit details allegations of how Amazon is currently abusing its monopoly power for its own benefit while raising prices and undercutting the tens of millions of U.S. households who shop on Amazon’s platform and the dozens of people who rely on Amazon to serve them. Service quality of Wanjia Enterprise

In response, Amazon said in a statement: "The lawsuit filed by the Federal Trade Commission today is factually and legally wrong, and we look forward to proving it in court."

In this lawsuit, the FTC accuses Amazon of engaging in illegal conduct in its online shopping platform and in the numerous services it provides to third-party sellers, allowing the company to extract from everyone within its sphere of influence" Monopoly rents”.

Specifically, the agency accuses Amazon of penalizing sellers for offering low-priced products on different platforms and limiting which sellers qualify for Prime shipping benefits. The United States believes that Amazon is charging exorbitant fees to sellers who rely on the platform to maintain their business. In addition, the agency also accuses Amazon of abusing its algorithm to make its search results more favorable to the company's own products. In other words, Amazon can boost the ranking of its own products in product search results on its shopping platform, regardless of other higher-quality products.

The agency said it was "seeking a permanent injunction in federal court to prohibit Amazon from engaging in unlawful conduct and to leverage Amazon's monopoly control to restore fair competition."

For months, There are ongoing rumors that the Federal Trade Commission may file a lawsuit against Amazon, and the FTC has accused Amazon many times.

In June of this year, the FTC filed a lawsuit against the technology giant, accusing it of deceiving customers into signing up for Prime subscriptions and making it difficult to cancel. In addition, Amazon recently acquired robot vacuum cleaner manufacturer iRobot for US$1.42 billion (approximately 10.38 billion yuan), and Amazon’s acquisition of MGM, which began to be reviewed last year

In addition, the FTC Other areas of Amazon's business are also being investigated. Earlier this year, Amazon agreed to pay $5.8 million (currently about 42.398 million yuan) to settle the FTC lawsuit. This comes after the tech giant also paid $25 million (currently about 183 million yuan) to resolve another FTC complaint alleging that Amazon's Alexa products violated several federal laws by storing children's voices without authorization. recording.

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