HomeIndustriesRetailFTC Alleges That AMZN Wields Monopoly Power, AMZN Says They're Wrong

FTC Alleges That AMZN Wields Monopoly Power, AMZN Says They're Wrong

Amazon (AMZN) responds to the lawsuit saying that the FTC is “wrong on the facts and the law.” Kevin Green discusses this as the FTC and 17 state attorneys general sue AMZN. The FTC lawsuit alleges that AMZN illegally wields monopoly power. The FTC also suggests that AMZN uses “anticompetitive and unfair strategies to illegally maintain its monopoly power.” Tune in to find out more about the stock market today.

Fast Market

26 Sep 2023

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