Amazon Under Fire! FTC & States Sue for Monopoly & Vendor Abuse
9 months ago
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The Federal Trade Commission, with Chairperson Lina Khan at the helm, and 17 state attorneys have sued Amazon for monopolistic behavior and abuse of its own vendors. Cenk Uygur and Ana Kasparian discuss on The Young Turks.
"The Federal Trade Commission and 17 state attorneys general filed a sweeping antitrust lawsuit against Amazon on Tuesday alleging that the company abused its powers to squeeze merchants and thwart rivals — resulting in higher prices and lower-quality goods for the tens of millions of American households who regularly shop at the company’s online superstore."
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