Representatives of Amazon.com are set to satisfy subsequent week with Federal Commerce Fee officers, an individual conversant in the plans mentioned, within the newest signal that the company is near bringing an antitrust criticism in opposition to the web retail large.
The Amazon representatives will meet individually with every of the FTC Commissioners through the week of Monday Aug. 14, the particular person mentioned.
The particular person referred to the plans as a last-rites assembly, typically one of many closing steps earlier than both a lawsuit or a settlement is filed.
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If the fee does sue Amazon, it could mark a signature second within the tenure of FTC Chair Lina Khan, who constructed her profession partly by arguing in a extensively learn educational paper that Amazon had amassed an excessive amount of market energy and that antitrust legislation had didn’t restrain it.
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The fee in recent times has been inspecting Amazon practices together with whether or not it favors its personal merchandise over rivals’ on its platforms and the way it treats exterior sellers on Amazon.com, in keeping with among the individuals conversant in the matter. The FTC additionally has been scrutinizing the corporate’s Amazon Prime subscription service’s bundling practices, among the individuals mentioned.
Precisely which points of the enterprise the FTC would goal in a possible Amazon lawsuit couldn’t be discovered.
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The lawsuit may problem an array of the tech large’s enterprise practices as anticompetitive.