US regulators have been probing Amazon.com and other Big Tech companies for antitrust violations and the FTC has long been expected to take formal action against the online retailer. US state and federal courts are grappling with cases relating to competition law that focus on Amazon s pricing practices, fulfillment centers and the company s relationships with major book sellers.
US regulators have been probing Amazon.com and other Big Tech companies for antitrust violations and the FTC has long been expected to take formal action against the online retailer. US state and federal courts are grappling with cases relating to competition law that focus on Amazon s pricing practices, fulfillment centers and the company s relationships with major book sellers.
(Bloomberg) The Federal Trade Commission is expected to sue Amazon.com Inc. for antitrust violations next week, according to people familiar with the matter – marking the agency’s fourth swipe at the online retail giant this year.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanIndia Suspends Visas, Canada Pulls Diplomats A
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An anonymous coalition of brands and human rights advocates called "Shut Down Shein” has been lobbying lawmakers seeking to increase scrutiny on the fast fashion site.