Will the FTC’s Amazon Lawsuit Protect or Harm Consumers?

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Will the FTC’s Amazon Lawsuit Protect or Harm Consumers?
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See multiple perspectives from Ars Technica, New York Post (Opinion), and Bloomberg at AllSides.com.

The Federal Trade Commission and 17 states sued Amazon on Monday for allegedly “illegally maintaining monopoly power.”says the regulator targeted Amazon “not because it is big, but because it engages in a course of exclusionary conduct that prevents current competitors from growing and new competitors from emerging.

” Amazon’s anticompetitive tactics allegedly include “anti-discounting measures that punish sellers and deter other online retailers from offering prices lower than Amazon,” as well as “deliberately increasing junk ads” and “charging costly fees on the hundreds of thousands of sellers that currently have no choice but to rely on Amazon to stay in business.” In response, Amazon said the FTC was “wrong on the facts and the law.

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